Bear Mountain Capital Inc. Takes Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Bear Mountain Capital Inc. acquired a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,225 shares of the company’s stock, valued at approximately $101,000.

Several other hedge funds have also recently modified their holdings of SHY. Golden State Wealth Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at about $30,000. Van ECK Associates Corp grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 92.1% during the 4th quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock valued at $32,000 after acquiring an additional 187 shares during the period. Roxbury Financial LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $36,000. Logan Capital Management Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth approximately $37,000. Finally, Creative Capital Management Investments LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at approximately $45,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ:SHY opened at $82.09 on Thursday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30. The business has a fifty day simple moving average of $82.00 and a two-hundred day simple moving average of $82.35. The company has a market capitalization of $23.13 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.2735 dividend. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27. The ex-dividend date was 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.