IMC Chicago LLC Makes New $601,000 Investment in iShares 1-3 Year Treasury Bond ETF $SHY

IMC Chicago LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 7,276 shares of the company’s stock, valued at approximately $601,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Quent Long Short Global Small Cap Fund LP purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth about $53,414,000. Innova Wealth Partners increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 134.6% in the 1st quarter. Innova Wealth Partners now owns 318,143 shares of the company’s stock valued at $26,269,000 after purchasing an additional 182,540 shares in the last quarter. Finer Wealth Management Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $1,685,000. Stapp Wealth Management Pllc raised its holdings in iShares 1-3 Year Treasury Bond ETF by 211.2% in the 4th quarter. Stapp Wealth Management Pllc now owns 13,302 shares of the company’s stock worth $1,102,000 after purchasing an additional 9,027 shares during the period. Finally, Fifth Third Securities Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 79.5% during the fourth quarter. Fifth Third Securities Inc. now owns 40,864 shares of the company’s stock worth $3,384,000 after purchasing an additional 18,099 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 Stock Performance

Shares of SHY opened at $82.00 on Friday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.79 and a 12 month high of $83.20. The stock’s 50 day moving average is $82.04 and its two-hundred day moving average is $82.46. The firm has a market cap of $25.67 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a $0.2383 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 3.5%.

iShares 1-3 Year Treasury Bond ETF 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.