WESCAP Management Group Inc. Acquires 741 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

WESCAP Management Group Inc. lifted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,481 shares of the company’s stock after buying an additional 741 shares during the period. WESCAP Management Group Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,679,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. JPMorgan Chase & Co. raised its holdings in iShares 1-3 Year Treasury Bond ETF by 47.8% during the 4th quarter. JPMorgan Chase & Co. now owns 11,544,623 shares of the company’s stock valued at $946,428,000 after buying an additional 3,731,847 shares during the period. Proficio Capital Partners LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 11,520.9% in the fourth quarter. Proficio Capital Partners LLC now owns 8,244,236 shares of the company’s stock valued at $675,862,000 after acquiring an additional 8,173,293 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $389,029,000. Assetmark Inc. lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 94.0% in the 4th quarter. Assetmark Inc. now owns 4,075,986 shares of the company’s stock worth $334,149,000 after acquiring an additional 1,975,432 shares during the last quarter. Finally, Barclays PLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 68.7% during the 3rd quarter. Barclays PLC now owns 2,759,067 shares of the company’s stock worth $229,417,000 after purchasing an additional 1,123,670 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 Trading Down 0.3 %

Shares of NASDAQ:SHY opened at $82.48 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30. The company has a market capitalization of $23.24 billion, a price-to-earnings ratio of 3,745.00 and a beta of 0.01. The firm’s 50-day moving average is $82.30 and its 200 day moving average is $82.29.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st will be issued a $0.2798 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $3.36 annualized dividend and a dividend yield of 4.07%.

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.