Renaissance Technologies LLC Raises Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Renaissance Technologies LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 75.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 847,878 shares of the company’s stock after purchasing an additional 364,878 shares during the period. Renaissance Technologies LLC owned approximately 0.29% of iShares 1-3 Year Treasury Bond ETF worth $69,229,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in SHY. Janney Montgomery Scott LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 54.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 72,509 shares of the company’s stock valued at $5,949,000 after buying an additional 25,674 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 1,073,272 shares of the company’s stock valued at $88,051,000 after buying an additional 4,482 shares during the period. Gladstone Institutional Advisory LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 6.7% during the 4th quarter. Gladstone Institutional Advisory LLC now owns 2,721 shares of the company’s stock valued at $223,000 after buying an additional 171 shares during the period. D.A. Davidson & CO. lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 4.4% during the 4th quarter. D.A. Davidson & CO. now owns 26,280 shares of the company’s stock valued at $2,156,000 after buying an additional 1,102 shares during the period. Finally, AWM Capital LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $220,000. 23.62% of the stock is currently owned by hedge funds and other institutional investors.

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

SHY opened at $83.20 on Tuesday. The company’s 50 day moving average is $82.47 and its 200 day moving average is $81.81. The company has a market cap of $24.68 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.62 and a 12-month high of $83.22.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.2883 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.