Credit Suisse AG Increases Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Posted by on Aug 21st, 2023

Credit Suisse AG grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 60.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 563,399 shares of the company’s stock after purchasing an additional 213,208 shares during the quarter. Credit Suisse AG owned approximately 0.17% of iShares 1-3 Year Treasury Bond ETF worth $46,289,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Shelton Capital Management purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $360,000. WealthShield Partners LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 31.6% during the first quarter. WealthShield Partners LLC now owns 11,023 shares of the company’s stock worth $906,000 after acquiring an additional 2,650 shares during the last quarter. FWL Investment Management LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 65.0% in the 4th quarter. FWL Investment Management LLC now owns 15,898 shares of the company’s stock worth $1,290,000 after purchasing an additional 6,265 shares during the period. Oak Harbor Wealth Partners LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 123.4% in the 1st quarter. Oak Harbor Wealth Partners LLC now owns 5,266 shares of the company’s stock valued at $433,000 after purchasing an additional 2,909 shares in the last quarter. Finally, Acorn Wealth Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth about $1,654,000. 15.52% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ SHY opened at $81.01 on Monday. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.48 and a one year high of $82.74. The company’s 50 day moving average price is $81.07 and its 200 day moving average price is $81.68.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, August 7th. Stockholders of record on Wednesday, August 2nd were paid a $0.2118 dividend. This represents a $2.54 dividend on an annualized basis and a dividend yield of 3.14%. The ex-dividend date was Tuesday, August 1st.

iShares 1-3 Year Treasury Bond ETF Profile

(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.

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Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

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