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

Bleakley Financial Group LLC cut its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 548,155 shares of the company’s stock after selling 18,105 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for 1.4% of Bleakley Financial Group LLC’s investment portfolio, making the stock its 14th largest position. Bleakley Financial Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $44,938,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Logan Capital Management Inc. acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth $37,000. AlphaMark Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $63,000. Global Trust Asset Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at about $68,000. Creative Financial Designs Inc. ADV lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 23.3% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock worth $73,000 after acquiring an additional 167 shares during the last quarter. Finally, Eagle Bay Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth $76,000. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.09 on Thursday. The business has a 50-day moving average of $82.04 and a 200 day moving average of $82.36. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30. The stock has a market capitalization of $23.16 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd will be paid a $0.2735 dividend. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27. The ex-dividend date is Monday, February 3rd.

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.