Goldman Sachs Group Inc. Increases Stock Position in iShares 1-3 Year Treasury Bond ETF $SHY

Goldman Sachs Group Inc. grew its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 40.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,100,486 shares of the company’s stock after buying an additional 316,254 shares during the period. Goldman Sachs Group Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $91,142,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in SHY. Holos Integrated Wealth LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $29,000. Lodestone Wealth Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $29,000. Valley National Advisers Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $33,000. Accredited Wealth Management LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 50.0% during the 3rd quarter. Accredited Wealth Management LLC now owns 450 shares of the company’s stock valued at $37,000 after acquiring an additional 150 shares in the last quarter. Finally, Key Financial Inc lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 55.0% during the 4th quarter. Key Financial Inc now owns 496 shares of the company’s stock valued at $41,000 after acquiring an additional 176 shares in the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.0%

NASDAQ:SHY opened at $81.94 on Wednesday. The firm has a market capitalization of $25.09 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The firm’s fifty day simple moving average is $82.29 and its 200 day simple moving average is $82.63. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.86 and a twelve month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a dividend of $0.2429 per share. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Monday, June 1st. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.24.

iShares 1-3 Year Treasury Bond ETF Company Profile

The iShares 1-3 Year Treasury Bond ETF (SHY) is an exchange-traded fund that is based on the U.S. Treasury 1-3 Year index. The fund tracks a market weighted index of debt issued by the US Treasury with 1-3 years remaining to maturity. Treasury STRIPS are excluded. SHY was launched on Jul 22, 2002 and is managed by BlackRock.