iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Arrowroot Family Office LLC

Posted by Francis Steltz on Dec 2nd, 2024

Arrowroot Family Office LLC reduced its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 7.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,839 shares of the company’s stock after selling 1,209 shares during the period. Arrowroot Family Office LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,317,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently added to or reduced their stakes in the company. Walleye Trading LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 1st quarter valued at $202,000. EverSource Wealth Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth about $220,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth about $193,000. Mather Group LLC. increased its stake in iShares 1-3 Year Treasury Bond ETF by 127.8% during the 2nd quarter. Mather Group LLC. now owns 1,082 shares of the company’s stock worth $88,000 after buying an additional 607 shares in the last quarter. Finally, Park Avenue Securities LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 3.4% during the second quarter. Park Avenue Securities LLC now owns 66,945 shares of the company’s stock valued at $5,466,000 after acquiring an additional 2,189 shares during the last quarter. 23.62% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:SHY opened at $82.32 on Monday. The business’s 50 day moving average price is $82.42 and its 200-day moving average price is $82.21. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30. The firm has a market capitalization of $22.58 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 monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a dividend of $0.2831 per share. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.40 dividend on an annualized basis and a dividend yield of 4.13%.

About iShares 1-3 Year Treasury Bond ETF

(Free Report)

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.