Citizens Financial Group Inc. RI Buys 6,289 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Citizens Financial Group Inc. RI grew its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 9.2% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 74,581 shares of the company’s stock after acquiring an additional 6,289 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,158,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. MCF Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $25,000. Whittier Trust Co. of Nevada Inc. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 345.8% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 321 shares of the company’s stock worth $26,000 after purchasing an additional 249 shares during the last quarter. Holos Integrated Wealth LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth approximately $29,000. Lodestone Wealth Management LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $29,000. Finally, Valley National Advisers Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $33,000. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $81.88 on Monday. The firm has a market cap of $25.73 billion, a PE ratio of 3,747.73 and a beta of 0.05. The firm has a fifty day simple moving average of $82.07 and a two-hundred day simple moving average of $82.48. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.81 and a 1-year high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were issued a $0.2383 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 3.5%.

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.