39,260 Shares in iShares 1-3 Year Treasury Bond ETF $SHY Purchased by Blue Capital Inc.

Blue Capital Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) in the 1st quarter, HoldingsChannel.com reports. The fund purchased 39,260 shares of the company’s stock, valued at approximately $3,242,000. iShares 1-3 Year Treasury Bond ETF comprises approximately 2.1% of Blue Capital Inc.’s investment portfolio, making the stock its 11th largest holding.

Several other institutional investors also recently modified their holdings of the company. MCF Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $25,000. Lodestone Wealth Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $29,000. Holos Integrated Wealth LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $29,000. Valley National Advisers Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $33,000. Finally, Merkkuri Wealth Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 1st quarter valued at $38,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $81.94 on Friday. The firm has a market cap of $25.31 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The firm’s 50-day simple moving average is $82.14 and its 200-day simple moving average is $82.53. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $81.83 and a twelve month high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st will be issued a dividend of $0.2383 per share. This represents a c) annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Wednesday, July 1st.

iShares 1-3 Year Treasury Bond ETF Profile

(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.

Further Reading

Want to see what other hedge funds are holding SHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report).

Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

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