Blue Capital Inc. Purchases Shares of 39,260 iShares 1-3 Year Treasury Bond ETF $SHY

Blue Capital Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 39,260 shares of the company’s stock, valued at approximately $3,242,000. iShares 1-3 Year Treasury Bond ETF comprises 2.1% of Blue Capital Inc.’s investment portfolio, making the stock its 11th biggest holding.

A number of other institutional investors have also made changes to their positions in SHY. MCF Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth about $25,000. Holos Integrated Wealth LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at approximately $29,000. Lodestone Wealth Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at approximately $29,000. Valley National Advisers Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $33,000. Finally, Merkkuri Wealth Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 1st quarter worth approximately $38,000. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.1%

Shares of SHY stock opened at $81.94 on Friday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.83 and a 12 month high of $83.20. The firm has a market cap of $25.31 billion, a PE ratio of 3,747.73 and a beta of 0.05. The stock has a 50 day moving average of $82.14 and a 200-day moving average of $82.53.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st will be given a dividend of $0.2383 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 3.5%.

iShares 1-3 Year Treasury Bond ETF Company 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.

Further Reading

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

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