Bleakley Financial Group LLC Has $61.13 Million Stake in iShares 1-3 Year Treasury Bond ETF $SHY

Bleakley Financial Group LLC decreased its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 736,877 shares of the company’s stock after selling 14,508 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises 1.4% of Bleakley Financial Group LLC’s investment portfolio, making the stock its 13th largest holding. Bleakley Financial Group LLC owned 0.26% of iShares 1-3 Year Treasury Bond ETF worth $61,131,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $25,000. Key Financial Inc lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 158.1% in the 3rd 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 last quarter. Pflug Koory LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 637.8% in the third quarter. Pflug Koory LLC now owns 332 shares of the company’s stock worth $28,000 after purchasing an additional 287 shares in the last quarter. Delos Wealth Advisors LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the second quarter worth $29,000. Finally, Howe & Rusling Inc. raised its holdings in iShares 1-3 Year Treasury Bond ETF by 36,100.0% during the second quarter. Howe & Rusling Inc. now owns 362 shares of the company’s stock valued at $30,000 after buying an additional 361 shares in the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:SHY opened at $82.99 on Friday. The stock has a market capitalization of $24.26 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The business has a 50-day moving average of $82.86 and a two-hundred day moving average of $82.87. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $82.14 and a fifty-two week high of $83.14.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 3.6%.

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.