Silicon Valley Capital Partners Has $37.61 Million Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Silicon Valley Capital Partners grew its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 257,652.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 458,799 shares of the company’s stock after purchasing an additional 458,621 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises approximately 4.2% of Silicon Valley Capital Partners’ portfolio, making the stock its 8th biggest position. Silicon Valley Capital Partners owned about 0.16% of iShares 1-3 Year Treasury Bond ETF worth $37,612,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Gunma Bank Ltd. increased its holdings in iShares 1-3 Year Treasury Bond ETF by 70.8% during the 4th quarter. Gunma Bank Ltd. now owns 205,000 shares of the company’s stock worth $16,806,000 after purchasing an additional 85,000 shares in the last quarter. Wingate Wealth Advisors Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $64,000. Fonville Wealth Management LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 10.6% in the 4th quarter. Fonville Wealth Management LLC now owns 3,809 shares of the company’s stock worth $312,000 after buying an additional 364 shares during the last quarter. Angeles Wealth Management LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 21.8% in the 4th quarter. Angeles Wealth Management LLC now owns 57,160 shares of the company’s stock worth $4,686,000 after buying an additional 10,221 shares during the last quarter. Finally, Robinson Value Management Ltd. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.5% in the 4th quarter. Robinson Value Management Ltd. now owns 18,049 shares of the company’s stock worth $1,480,000 after buying an additional 262 shares during the last quarter. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.1 %

Shares of NASDAQ SHY opened at $81.97 on Monday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The stock’s 50 day moving average price is $82.02 and its 200-day moving average price is $82.36. The company has a market capitalization of $23.10 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.2735 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.