iShares 1-3 Year Treasury Bond ETF $SHY Shares Sold by Bleakley Financial Group LLC

Bleakley Financial Group LLC reduced its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.0% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 883,398 shares of the company’s stock after selling 9,291 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises approximately 1.1% of Bleakley Financial Group LLC’s holdings, making the stock its 18th biggest holding. Bleakley Financial Group LLC owned 0.29% of iShares 1-3 Year Treasury Bond ETF worth $72,942,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in SHY. MCF Advisors LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $25,000. Whittier Trust Co. of Nevada Inc. grew its position in iShares 1-3 Year Treasury Bond ETF by 345.8% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 321 shares of the company’s stock valued at $26,000 after acquiring an additional 249 shares during the period. Holos Integrated Wealth LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $29,000. Lodestone Wealth Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $29,000. Finally, Valley National Advisers Inc. acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $33,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $81.80 on Tuesday. The firm has a market capitalization of $25.70 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.79 and a 1-year high of $83.20. The business’s 50-day simple moving average is $82.06 and its 200-day simple moving average is $82.48.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.