TPG Advisors LLC Invests $295,000 in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Posted by Defense World Staff on Sep 21st, 2024

TPG Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 3,607 shares of the company’s stock, valued at approximately $295,000.

A number of other hedge funds have also modified their holdings of SHY. WestEnd Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the second quarter worth $30,000. Financial Connections Group Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF in the second quarter worth $31,000. Criterion Capital Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the first quarter valued at about $35,000. Future Financial Wealth Managment LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the first quarter valued at about $36,000. Finally, Mather Group LLC. bought a new stake in iShares 1-3 Year Treasury Bond ETF during the first quarter valued at about $39,000. 23.62% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY stock opened at $83.21 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.62 and a 52-week high of $83.24. The company has a 50-day moving average of $82.58 and a two-hundred day moving average of $81.85. The stock has a market capitalization 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 Announces Dividend

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

About iShares 1-3 Year Treasury Bond ETF

(Free Report)

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.