BayBridge Capital Group LLC Has $6.57 Million Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

BayBridge Capital Group LLC raised its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 80,080 shares of the company’s stock after acquiring an additional 2,191 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up approximately 4.8% 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 $6,565,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. School Employees Retirement Board of Ohio acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter valued at approximately $10,123,000. Eagle Asset Management Inc. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 17.0% during the 3rd quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock worth $1,097,000 after acquiring an additional 1,938 shares during the last quarter. Zhang Financial LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 17.1% in the 4th quarter. Zhang Financial LLC now owns 12,701 shares of the company’s stock valued at $1,041,000 after acquiring an additional 1,859 shares during the period. Purus Wealth Management LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 8.6% during the fourth quarter. Purus Wealth Management LLC now owns 6,660 shares of the company’s stock valued at $546,000 after acquiring an additional 530 shares during the last quarter. Finally, Valeo Financial Advisors LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 20.7% during the third quarter. Valeo Financial Advisors LLC now owns 7,713 shares of the company’s stock worth $641,000 after purchasing an additional 1,323 shares during the period. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.1 %

NASDAQ SHY opened at $81.97 on Friday. The firm has a market capitalization of $23.10 billion, a PE ratio of 3,695.45 and a beta of 0.01. The business’s 50-day moving average price is $82.03 and its two-hundred day moving average price is $82.36. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a dividend of $0.2735 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.