iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Sets New 1-Year High at $83.16

iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)’s stock price reached a new 52-week high during trading on Friday . The company traded as high as $83.16 and last traded at $83.15, with a volume of 124499 shares traded. The stock had previously closed at $83.03.

iShares 1-3 Year Treasury Bond ETF Price Performance

The stock has a market capitalization of $24.66 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The company has a fifty day moving average of $82.41 and a two-hundred day moving average of $81.78.

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 issued a dividend of $0.2883 per share. The ex-dividend date was Tuesday, September 3rd.

Hedge Funds Weigh In On iShares 1-3 Year Treasury Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SHY. WestEnd Advisors LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the second quarter worth approximately $30,000. Financial Connections Group Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter worth $31,000. Criterion Capital Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter valued at $35,000. Future Financial Wealth Managment LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 1st quarter valued at $36,000. Finally, Mather Group LLC. acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth about $39,000. 23.62% of the stock is owned by institutional investors.

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.