AIA Group Ltd Purchases 243,915 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

AIA Group Ltd grew its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 220.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 354,395 shares of the company’s stock after purchasing an additional 243,915 shares during the period. AIA Group Ltd’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $29,053,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Hobbs Group Advisors LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 1.4% during the 4th quarter. Hobbs Group Advisors LLC now owns 9,916 shares of the company’s stock valued at $813,000 after acquiring an additional 136 shares during the period. Blueprint Investment Partners LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 2.2% during the fourth quarter. Blueprint Investment Partners LLC now owns 6,666 shares of the company’s stock valued at $546,000 after acquiring an additional 142 shares in the last quarter. Center For Asset Management LLC lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 5.8% in the fourth quarter. Center For Asset Management LLC now owns 2,636 shares of the company’s stock valued at $216,000 after acquiring an additional 145 shares during the period. Redhawk Wealth Advisors Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 2.1% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 7,093 shares of the company’s stock worth $582,000 after purchasing an additional 147 shares in the last quarter. Finally, Rehmann Capital Advisory Group grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.6% during the 3rd quarter. Rehmann Capital Advisory Group now owns 26,450 shares of the company’s stock worth $2,199,000 after purchasing an additional 152 shares during the period. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ SHY opened at $82.67 on Monday. The company has a market capitalization of $23.30 billion, a PE ratio of 3,745.00 and a beta of 0.01. The company’s fifty day moving average price is $82.28 and its 200 day moving average price is $82.30. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a $0.2531 dividend. The ex-dividend date was Monday, March 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.