Oppenheimer Asset Management Inc. Raises Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Oppenheimer Asset Management Inc. boosted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 47.8% in the 2nd quarter, HoldingsChannel reports. The fund owned 81,294 shares of the company’s stock after acquiring an additional 26,302 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,736,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the business. DMC Group LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 1.7% in the first quarter. DMC Group LLC now owns 7,417 shares of the company’s stock worth $614,000 after acquiring an additional 122 shares in the last quarter. Apollon Wealth Management LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.6% in the 1st quarter. Apollon Wealth Management LLC now owns 21,474 shares of the company’s stock valued at $1,777,000 after purchasing an additional 125 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 45.5% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock valued at $33,000 after purchasing an additional 125 shares in the last quarter. Robinson Value Management Ltd. increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% in the 1st quarter. Robinson Value Management Ltd. now owns 18,177 shares of the company’s stock valued at $1,504,000 after purchasing an additional 128 shares in the last quarter. Finally, Stolper Co increased its holdings in iShares 1-3 Year Treasury Bond ETF by 1.6% in the second quarter. Stolper Co now owns 8,250 shares of the company’s stock valued at $684,000 after buying an additional 132 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 Trading Down 0.0%

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $83.09 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $81.67 and a 12-month high of $83.14. The stock has a market cap of $24.33 billion, a PE ratio of 3,747.73 and a beta of 0.05. The company has a 50-day moving average of $82.92 and a two-hundred day moving average of $82.68.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were paid a $0.2563 dividend. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Wednesday, October 1st.

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.