Blue Edge Capital LLC Boosts Stock Position in iShares 1-3 Year Treasury Bond ETF $SHY

Blue Edge Capital LLC increased its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1,059.5% in the second quarter, HoldingsChannel reports. The firm owned 264,332 shares of the company’s stock after purchasing an additional 241,534 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for approximately 2.6% of Blue Edge Capital LLC’s holdings, making the stock its 9th biggest holding. Blue Edge Capital LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $21,704,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Savant Capital LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 1.4% during the fourth quarter. Savant Capital LLC now owns 8,894 shares of the company’s stock valued at $737,000 after buying an additional 126 shares during the period. Tower View Wealth Management LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 11.4% in the 1st quarter. Tower View Wealth Management LLC now owns 1,285 shares of the company’s stock worth $106,000 after acquiring an additional 132 shares in the last quarter. Cahaba Wealth Management Inc. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.5% in the 1st quarter. Cahaba Wealth Management Inc. now owns 25,095 shares of the company’s stock worth $2,072,000 after acquiring an additional 133 shares in the last quarter. Marshall & Sterling Wealth Advisors Inc. boosted its stake in iShares 1-3 Year Treasury Bond ETF by 1.2% during the fourth quarter. Marshall & Sterling Wealth Advisors Inc. now owns 11,275 shares of the company’s stock worth $934,000 after acquiring an additional 138 shares in the last quarter. Finally, TD Waterhouse Canada Inc. boosted its stake in iShares 1-3 Year Treasury Bond ETF by 0.7% during the second quarter. TD Waterhouse Canada Inc. now owns 19,766 shares of the company’s stock worth $1,618,000 after acquiring an additional 141 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ SHY opened at $81.63 on Thursday. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.59 and a fifty-two week high of $83.20. The company has a 50 day simple moving average of $81.90 and a two-hundred day simple moving average of $82.19. The company has a market capitalization of $25.00 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a dividend of $0.244 per share. The ex-dividend date was Tuesday, September 1st. This represents a c) dividend on an annualized basis and a yield of 3.6%.

iShares 1-3 Year Treasury Bond ETF 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.