Blue Fin Capital Inc. Has $1.97 Million Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Blue Fin Capital Inc. increased its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,009 shares of the company’s stock after purchasing an additional 465 shares during the quarter. Blue Fin Capital Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,970,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Fortitude Family Office LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth about $45,000. Cedar Mountain Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $55,000. Financial Gravity Asset Management Inc. increased its position in iShares 1-3 Year Treasury Bond ETF by 771.6% in the 3rd quarter. Financial Gravity Asset Management Inc. now owns 706 shares of the company’s stock valued at $57,000 after acquiring an additional 625 shares in the last quarter. Halpern Financial Inc. acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $62,000. Finally, Salem Investment Counselors Inc. increased its position in iShares 1-3 Year Treasury Bond ETF by 79.0% in the 4th quarter. Salem Investment Counselors Inc. now owns 768 shares of the company’s stock valued at $63,000 after acquiring an additional 339 shares in the last quarter. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

SHY traded up $0.13 during midday trading on Friday, hitting $81.30. The company had a trading volume of 4,960,204 shares, compared to its average volume of 4,570,730. The company has a market capitalization of $24.54 billion, a PE ratio of 3,695.45 and a beta of 0.04. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.55 and a twelve month high of $82.60. The firm’s 50-day simple moving average is $81.46 and its 200-day simple moving average is $81.57.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd will be given a dividend of $0.2616 per share. This represents a $3.14 annualized dividend and a dividend yield of 3.86%. The ex-dividend date is Wednesday, May 1st.

iShares 1-3 Year Treasury Bond ETF Company 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.