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

AIA Group Ltd raised its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 220.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 354,395 shares of the company’s stock after acquiring an additional 243,915 shares during the period. AIA Group Ltd owned approximately 0.13% of iShares 1-3 Year Treasury Bond ETF worth $29,053,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Everstar Asset Management LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 12.2% in the fourth quarter. Everstar Asset Management LLC now owns 87,666 shares of the company’s stock valued at $7,187,000 after acquiring an additional 9,560 shares during the period. O Shaughnessy Asset Management LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 0.7% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 209,549 shares of the company’s stock valued at $17,179,000 after acquiring an additional 1,371 shares during the period. Dorsey Wright & Associates bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $696,000. RWA Wealth Partners LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 3,608.8% during the fourth quarter. RWA Wealth Partners LLC now owns 131,439 shares of the company’s stock worth $10,775,000 after purchasing an additional 127,895 shares during the last quarter. Finally, Watchman Group Inc. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 5.5% during the fourth quarter. Watchman Group Inc. now owns 419,076 shares of the company’s stock valued at $34,356,000 after purchasing an additional 21,917 shares during the period. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY stock 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. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30. The firm’s 50-day moving average is $82.28 and its 200 day moving average is $82.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed 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 of this dividend was Monday, March 3rd.

About iShares 1-3 Year Treasury Bond ETF

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.