Cape Investment Advisory Inc. Boosts Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Cape Investment Advisory Inc. raised its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 18,120.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,288 shares of the company’s stock after purchasing an additional 7,248 shares during the period. Cape Investment Advisory Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $597,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Golden State Wealth Management LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $30,000. Van ECK Associates Corp grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 92.1% during the fourth quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock worth $32,000 after purchasing an additional 187 shares in the last quarter. Roxbury Financial LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $36,000. Logan Capital Management Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter worth about $37,000. Finally, Creative Capital Management Investments LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth approximately $45,000. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.2 %

iShares 1-3 Year Treasury Bond ETF stock opened at $82.62 on Friday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The firm has a fifty day simple moving average of $82.06 and a two-hundred day simple moving average of $82.34. The company has a market capitalization of $23.08 billion, a PE ratio of 3,755.45 and a beta of 0.03.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.2735 per share. This is an increase 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 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.