Berkshire Asset Management LLC PA Sells 5,986 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Posted by George Bondi on Mar 7th, 2025

Berkshire Asset Management LLC PA lessened its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 15.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 33,673 shares of the company’s stock after selling 5,986 shares during the period. Berkshire Asset Management LLC PA’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,766,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the company. Center For Asset Management LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 5.8% during the fourth quarter. Center For Asset Management LLC now owns 2,636 shares of the company’s stock worth $216,000 after buying an additional 145 shares during the last quarter. Redhawk Wealth Advisors Inc. increased its stake in iShares 1-3 Year Treasury Bond ETF by 2.1% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 7,093 shares of the company’s stock valued at $582,000 after purchasing an additional 147 shares in the last quarter. Acorn Wealth Advisors LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 0.7% in the third quarter. Acorn Wealth Advisors LLC now owns 20,779 shares of the company’s stock valued at $1,728,000 after purchasing an additional 152 shares in the last quarter. Rehmann Capital Advisory Group increased its stake in iShares 1-3 Year Treasury Bond ETF by 0.6% in the third quarter. Rehmann Capital Advisory Group now owns 26,450 shares of the company’s stock valued at $2,199,000 after purchasing an additional 152 shares in the last quarter. Finally, D.A. Davidson & CO. increased its stake in iShares 1-3 Year Treasury Bond ETF by 1.6% in the third quarter. D.A. Davidson & CO. now owns 9,837 shares of the company’s stock valued at $818,000 after purchasing an additional 153 shares in the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY opened at $82.39 on Friday. The stock has a market capitalization of $23.22 billion, a P/E ratio of 3,755.45 and a beta of 0.01. The company has a 50-day moving average price of $82.11 and a 200-day moving average price of $82.34. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $80.91 and a 1 year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a $0.2531 dividend. The ex-dividend date was Monday, March 3rd.

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.