iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by New Century Financial Group LLC

New Century Financial Group LLC lowered its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 75.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,427 shares of the company’s stock after selling 7,402 shares during the period. New Century Financial Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $201,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Patriot Investment Management Group Inc. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 0.5% in the first quarter. Patriot Investment Management Group Inc. now owns 85,601 shares of the company’s stock valued at $7,082,000 after buying an additional 399 shares in the last quarter. Rockland Trust Co. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 3.1% in the first quarter. Rockland Trust Co. now owns 13,081 shares of the company’s stock valued at $1,082,000 after buying an additional 393 shares in the last quarter. May Barnhard Investments LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 13.8% in the first quarter. May Barnhard Investments LLC now owns 38,288 shares of the company’s stock valued at $3,168,000 after buying an additional 4,637 shares in the last quarter. Fifth Third Bancorp increased its holdings in iShares 1-3 Year Treasury Bond ETF by 1.0% in the first quarter. Fifth Third Bancorp now owns 308,473 shares of the company’s stock valued at $25,520,000 after buying an additional 3,002 shares in the last quarter. Finally, Arvest Investments Inc. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 1.5% in the first quarter. Arvest Investments Inc. now owns 78,610 shares of the company’s stock valued at $6,503,000 after buying an additional 1,166 shares in the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.1%

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.41 on Friday. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $81.29 and a 12-month high of $83.30. The stock has a market cap of $24.20 billion, a PE ratio of 3,747.73 and a beta of 0.01. The company has a 50-day moving average of $82.54 and a two-hundred day moving average of $82.31.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were issued a $0.2718 dividend. The ex-dividend date of this dividend was Monday, June 2nd. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. This represents a $3.26 dividend on an annualized basis and a yield of 3.96%.

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.