Bleakley Financial Group LLC Boosts Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

Bleakley Financial Group LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 21.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 892,689 shares of the company’s stock after purchasing an additional 155,812 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up about 1.3% of Bleakley Financial Group LLC’s investment portfolio, making the stock its 17th largest position. Bleakley Financial Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $73,932,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Key Financial Inc raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 158.1% during the third quarter. Key Financial Inc now owns 320 shares of the company’s stock valued at $26,000 after purchasing an additional 196 shares during the period. Lodestone Wealth Management LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth approximately $29,000. Holos Integrated Wealth LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth approximately $29,000. Valley National Advisers Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth approximately $33,000. Finally, Accredited Wealth Management LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 50.0% during the third quarter. Accredited Wealth Management LLC now owns 450 shares of the company’s stock worth $37,000 after buying an additional 150 shares in the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY stock opened at $82.12 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $82.00 and a twelve month high of $83.20. The company has a market capitalization of $25.15 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The firm has a 50 day simple moving average of $82.37 and a 200-day simple moving average of $82.69.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were given a dividend of $0.2428 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis 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.