Park Place Capital Corp Buys 381 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Park Place Capital Corp lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.5% in the second quarter, according to its most recent filing with the SEC. The fund owned 11,187 shares of the company’s stock after acquiring an additional 381 shares during the period. Park Place Capital Corp’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $913,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Criterion Capital Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter worth approximately $35,000. Future Financial Wealth Managment LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the first quarter worth $36,000. Mather Group LLC. bought a new stake in iShares 1-3 Year Treasury Bond ETF in the first quarter worth $39,000. Atticus Wealth Management LLC boosted its position in iShares 1-3 Year Treasury Bond ETF by 76.0% during the first quarter. Atticus Wealth Management LLC now owns 549 shares of the company’s stock valued at $45,000 after buying an additional 237 shares during the period. Finally, Vestor Capital LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 28.8% during the fourth quarter. Vestor Capital LLC now owns 684 shares of the company’s stock valued at $56,000 after buying an additional 153 shares during the last quarter. 23.62% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ:SHY traded up $0.46 during midday trading on Friday, reaching $82.67. 5,001,423 shares of the stock traded hands, compared to its average volume of 3,916,141. The stock has a market capitalization of $24.52 billion, a P/E ratio of 3,695.45 and a beta of 0.01. The company has a fifty day moving average of $81.69 and a 200 day moving average of $81.62. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.62 and a 12 month high of $82.69.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st will be given a $0.2725 dividend. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. This represents a $3.27 dividend on an annualized basis and a dividend yield of 3.95%. The ex-dividend date is Thursday, August 1st.

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.