Bleakley Financial Group LLC Sells 77,524 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Bleakley Financial Group LLC reduced its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 12.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 566,260 shares of the company’s stock after selling 77,524 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for 1.4% of Bleakley Financial Group LLC’s holdings, making the stock its 14th biggest holding. Bleakley Financial Group LLC owned about 0.21% of iShares 1-3 Year Treasury Bond ETF worth $47,085,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. WestEnd Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth about $30,000. Financial Connections Group Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth approximately $31,000. Criterion Capital Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 1st quarter worth approximately $35,000. Future Financial Wealth Managment LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 1st quarter worth approximately $36,000. Finally, Mather Group LLC. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 1st quarter worth approximately $39,000. 23.62% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $82.52 on Friday. The company has a 50 day moving average price of $82.81 and a 200-day moving average price of $81.99. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.67 and a fifty-two week high of $83.30. The stock has a market capitalization of $22.70 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

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