Allianz SE Purchases 7,426 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Allianz SE increased its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 349,915 shares of the company’s stock after purchasing an additional 7,426 shares during the quarter. Allianz SE’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $28,980,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Summit Financial LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 27.4% in the fourth quarter. Summit Financial LLC now owns 9,019 shares of the company’s stock worth $747,000 after purchasing an additional 1,937 shares during the period. Laurel Oak Wealth Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $2,071,000. Rossby Financial LCC lifted its position in iShares 1-3 Year Treasury Bond ETF by 13.4% in the fourth quarter. Rossby Financial LCC now owns 3,275 shares of the company’s stock worth $271,000 after purchasing an additional 387 shares during the period. Federation des caisses Desjardins du Quebec lifted its position in iShares 1-3 Year Treasury Bond ETF by 168.4% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 3,202 shares of the company’s stock worth $265,000 after purchasing an additional 2,009 shares during the period. Finally, Orion Porfolio Solutions LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 25.9% in the fourth quarter. Orion Porfolio Solutions LLC now owns 216,275 shares of the company’s stock worth $17,912,000 after purchasing an additional 44,500 shares during the period. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY stock opened at $82.07 on Friday. The stock has a fifty day moving average price of $82.26 and a 200 day moving average price of $82.61. iShares 1-3 Year Treasury Bond ETF has a one year low of $81.86 and a one year high of $83.20. The stock has a market cap of $25.13 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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

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.