Citizens Financial Group Inc. RI Increases Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Citizens Financial Group Inc. RI raised its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 42,302 shares of the company’s stock after purchasing an additional 1,499 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,470,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fortitude Family Office LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $45,000. Cedar Mountain Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $55,000. Financial Gravity Asset Management Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF by 771.6% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 706 shares of the company’s stock worth $57,000 after acquiring an additional 625 shares in the last quarter. Halpern Financial Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth about $62,000. Finally, Salem Investment Counselors Inc. grew its stake in iShares 1-3 Year Treasury Bond ETF by 79.0% in the 4th quarter. Salem Investment Counselors Inc. now owns 768 shares of the company’s stock worth $63,000 after acquiring an additional 339 shares in the last quarter. 23.62% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY stock traded up $0.02 during mid-day trading on Friday, reaching $81.21. The company had a trading volume of 3,071,548 shares, compared to its average volume of 4,538,988. The company has a market capitalization of $24.57 billion, a PE ratio of 3,690.68 and a beta of 0.01. The firm has a 50 day moving average of $81.51 and a 200 day moving average of $81.56. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.55 and a 12 month high of $82.60.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a $0.2705 dividend. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.25 dividend on an annualized basis and a yield of 4.00%.

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.