Valpey Financial Services LLC Grows Position in iShares 1-3 Year Treasury Bond ETF $SHY

Valpey Financial Services LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 9,080.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,114,004 shares of the company’s stock after buying an additional 1,101,869 shares during the quarter. Valpey Financial Services LLC owned 0.38% of iShares 1-3 Year Treasury Bond ETF worth $92,262,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Captrust Financial Advisors increased its holdings in iShares 1-3 Year Treasury Bond ETF by 58.5% during the 3rd quarter. Captrust Financial Advisors now owns 17,024,325 shares of the company’s stock worth $1,412,338,000 after purchasing an additional 6,281,496 shares during the last quarter. Bank of America Corp DE grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.1% in the 3rd quarter. Bank of America Corp DE now owns 11,740,171 shares of the company’s stock worth $973,965,000 after acquiring an additional 133,178 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 4.2% in the 3rd quarter. Bank of New York Mellon Corp now owns 6,703,637 shares of the company’s stock worth $556,134,000 after acquiring an additional 272,758 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in iShares 1-3 Year Treasury Bond ETF by 387.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock valued at $438,351,000 after purchasing an additional 4,206,546 shares during the period. Finally, Ameriprise Financial Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 5.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,682,094 shares of the company’s stock valued at $388,325,000 after purchasing an additional 257,934 shares during the period. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ:SHY opened at $82.26 on Friday. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $82.00 and a 12-month high of $83.20. The firm has a market capitalization of $25.19 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The business has a 50 day simple moving average of $82.35 and a 200 day simple moving average of $82.68.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were given a dividend of $0.2428 per share. This represents a c) dividend on an annualized basis and a yield of 3.5%. The ex-dividend date was Friday, May 1st.

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.