BayBridge Capital Group LLC Raises Stock Holdings in iShares 1-3 Year Treasury Bond ETF $SHY

BayBridge Capital Group LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 27.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 112,758 shares of the company’s stock after buying an additional 24,093 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises 4.8% of BayBridge Capital Group LLC’s portfolio, making the stock its 3rd biggest position. BayBridge Capital Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $9,259,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. MCF Advisors LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at approximately $25,000. Whittier Trust Co. of Nevada Inc. increased its stake in iShares 1-3 Year Treasury Bond ETF by 345.8% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 321 shares of the company’s stock valued at $26,000 after purchasing an additional 249 shares in the last quarter. Ashton Thomas Securities LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the first quarter valued at approximately $30,000. Merkkuri Wealth Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the first quarter worth $38,000. Finally, Beacon Financial Strategies CORP bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter worth $38,000. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.0%

Shares of SHY stock opened at $81.66 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $81.59 and a 12-month high of $83.20. The firm has a market capitalization of $25.01 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The firm has a fifty day moving average of $81.90 and a 200-day moving average of $82.20.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were issued a dividend of $0.244 per share. The ex-dividend date was Tuesday, September 1st. This represents a c) annualized dividend 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.