Bleakley Financial Group LLC Cuts Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Bleakley Financial Group LLC trimmed its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 548,155 shares of the company’s stock after selling 18,105 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises about 1.4% of Bleakley Financial Group LLC’s investment portfolio, making the stock its 14th largest holding. Bleakley Financial Group LLC owned approximately 0.20% of iShares 1-3 Year Treasury Bond ETF worth $44,938,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. School Employees Retirement Board of Ohio acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the third quarter worth about $10,123,000. Eagle Asset Management Inc. boosted its stake in iShares 1-3 Year Treasury Bond ETF by 17.0% in the 3rd quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock worth $1,097,000 after purchasing an additional 1,938 shares in the last quarter. Zhang Financial LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 17.1% during the 4th quarter. Zhang Financial LLC now owns 12,701 shares of the company’s stock worth $1,041,000 after purchasing an additional 1,859 shares during the last quarter. Purus Wealth Management LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 8.6% during the 4th quarter. Purus Wealth Management LLC now owns 6,660 shares of the company’s stock valued at $546,000 after purchasing an additional 530 shares in the last quarter. Finally, Valeo Financial Advisors LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 20.7% in the third quarter. Valeo Financial Advisors LLC now owns 7,713 shares of the company’s stock worth $641,000 after buying an additional 1,323 shares during the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.09 on Thursday. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.91 and a fifty-two week high of $83.30. The business’s 50-day simple moving average is $82.04 and its two-hundred day simple moving average is $82.36. The company has a market cap of $23.16 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd will be paid a dividend of $0.2735 per share. The ex-dividend date of this dividend is Monday, February 3rd. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

iShares 1-3 Year Treasury Bond ETF Company 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.