iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) is BayBridge Capital Group LLC’s 3rd Largest Position

Posted by Donna Armstrong on Oct 26th, 2024

BayBridge Capital Group LLC raised its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 5.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 77,889 shares of the company’s stock after acquiring an additional 4,271 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up 4.7% of BayBridge Capital Group LLC’s investment portfolio, making the stock its 3rd largest position. BayBridge Capital Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,476,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. WestEnd Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at about $30,000. Financial Connections Group Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth approximately $31,000. Future Financial Wealth Managment LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the first quarter worth approximately $36,000. Atticus Wealth Management LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 76.0% in the first quarter. Atticus Wealth Management LLC now owns 549 shares of the company’s stock valued at $45,000 after buying an additional 237 shares during the last quarter. Finally, Global Trust Asset Management LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter valued at approximately $68,000. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.0 %

Shares of SHY opened at $82.42 on Friday. The company’s 50 day simple moving average is $82.80 and its 200-day simple moving average is $82.03. The firm has a market cap of $22.56 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.80 and a 12-month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.2883 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

About iShares 1-3 Year Treasury Bond ETF

(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.