iShares 1-3 Year Treasury Bond ETF $SHY Shares Bought by Pointe Capital Management LLC

Pointe Capital Management LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 15.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 136,813 shares of the company’s stock after buying an additional 18,270 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for approximately 5.0% of Pointe Capital Management LLC’s portfolio, making the stock its 4th largest holding. Pointe Capital Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $11,234,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in SHY. Innova Wealth Partners raised its stake in iShares 1-3 Year Treasury Bond ETF by 134.6% during the first quarter. Innova Wealth Partners now owns 318,143 shares of the company’s stock worth $26,269,000 after purchasing an additional 182,540 shares during the period. Bleakley Financial Group LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 21.1% during the 4th quarter. Bleakley Financial Group LLC now owns 892,689 shares of the company’s stock worth $73,932,000 after purchasing an additional 155,812 shares in the last quarter. Ruggiero Investments Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $1,344,000. Win Advisors Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at about $904,000. Finally, WHI TRUST Co LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $1,862,000. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ:SHY opened at $81.66 on Wednesday. The stock has a market cap of $25.01 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $81.59 and a 1-year high of $83.20. The firm has a 50-day moving average of $81.90 and a two-hundred day moving average of $82.20.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

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

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.