Citizens Financial Group Inc. RI Raises Stake in iShares 1-3 Year Treasury Bond ETF $SHY

Citizens Financial Group Inc. RI raised its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 14.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 68,292 shares of the company’s stock after purchasing an additional 8,751 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $5,656,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the company. North Star Investment Management Corp. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 30.2% during the fourth quarter. North Star Investment Management Corp. now owns 5,399 shares of the company’s stock valued at $447,000 after purchasing an additional 1,253 shares in the last quarter. Pacific Park Financial Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $1,264,000. W.G. Shaheen & Associates DBA Whitney & Co purchased a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $391,000. Pekin Hardy Strauss Inc. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 4.3% during the fourth quarter. Pekin Hardy Strauss Inc. now owns 3,665 shares of the company’s stock valued at $304,000 after purchasing an additional 150 shares in the last quarter. Finally, Chapin Davis Inc. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 3.4% during the fourth quarter. Chapin Davis Inc. now owns 12,885 shares of the company’s stock valued at $1,067,000 after purchasing an additional 423 shares in the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:SHY opened at $82.25 on Friday. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $82.21 and a 1-year high of $83.20. The company has a market capitalization of $25.46 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The firm’s 50 day simple moving average is $82.58 and its two-hundred day simple moving average is $82.78.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st will be given a dividend of $0.2428 per share. The ex-dividend date is Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 3.5%.

About iShares 1-3 Year Treasury Bond ETF

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.