Sonata Capital Group Inc. Purchases New Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Sonata Capital Group Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the third quarter, Holdings Channel reports. The fund purchased 3,763 shares of the company’s stock, valued at approximately $313,000.

A number of other hedge funds also recently bought and sold shares of the business. AIA Group Ltd acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 1st quarter valued at $1,186,000. SG Americas Securities LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 295.3% in the first quarter. SG Americas Securities LLC now owns 31,969 shares of the company’s stock valued at $2,614,000 after purchasing an additional 23,882 shares during the period. Benedetti & Gucer Inc. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 26.0% during the first quarter. Benedetti & Gucer Inc. now owns 160,974 shares of the company’s stock worth $13,165,000 after purchasing an additional 33,229 shares in the last quarter. Nvwm LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.9% during the 1st quarter. Nvwm LLC now owns 22,701 shares of the company’s stock worth $1,856,000 after purchasing an additional 422 shares during the last quarter. Finally, Smithfield Trust Co lifted its stake in iShares 1-3 Year Treasury Bond ETF by 2.2% in the 1st quarter. Smithfield Trust Co now owns 833,528 shares of the company’s stock valued at $68,152,000 after buying an additional 18,085 shares in the last quarter. Hedge funds and other institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.0 %

NASDAQ:SHY traded up $0.01 during trading hours on Friday, hitting $82.14. 371,644 shares of the stock were exchanged, compared to its average volume of 4,052,023. The firm’s fifty day moving average price is $82.72 and its 200 day moving average price is $82.10. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30. The company has a market cap of $22.19 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a $0.2831 dividend. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. This represents a $3.40 annualized dividend and a yield of 4.14%. The ex-dividend date of this dividend was Friday, November 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.