Hsbc Holdings PLC decreased its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 17.5% in the second quarter, Holdings Channel reports. The firm owned 598,889 shares of the company’s stock after selling 127,393 shares during the quarter. Hsbc Holdings PLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $48,901,000 as of its most recent SEC filing.
Several other hedge funds have also recently modified their holdings of the business. WestEnd Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the second quarter valued at approximately $30,000. Financial Connections Group Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at $31,000. Criterion Capital Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 1st quarter valued at $35,000. Future Financial Wealth Managment LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 1st quarter worth $36,000. Finally, Mather Group LLC. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter worth $39,000. Hedge funds and other institutional investors own 23.62% of the company’s stock.
iShares 1-3 Year Treasury Bond ETF Stock Performance
iShares 1-3 Year Treasury Bond ETF stock opened at $83.21 on Friday. The stock has a market cap of $24.68 billion, a PE ratio of 3,695.45 and a beta of 0.01. The stock has a fifty day moving average of $82.58 and a 200 day moving average of $81.85. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.62 and a one year high of $83.24.
iShares 1-3 Year Treasury Bond ETF Announces Dividend
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.
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Want to see what other hedge funds are holding SHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report).
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