Avantax Advisory Services Inc. Lowers Stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Posted by Stanley Muller on Mar 14th, 2025

Avantax Advisory Services Inc. cut its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 4.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 99,511 shares of the company’s stock after selling 4,873 shares during the quarter. Avantax Advisory Services Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $8,158,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Harbour Investments Inc. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 8.8% in the third quarter. Harbour Investments Inc. now owns 3,196 shares of the company’s stock valued at $266,000 after purchasing an additional 258 shares during the period. Prime Capital Investment Advisors LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 1.1% in the third quarter. Prime Capital Investment Advisors LLC now owns 19,382 shares of the company’s stock valued at $1,612,000 after purchasing an additional 217 shares during the period. Aptus Capital Advisors LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 96.8% in the third quarter. Aptus Capital Advisors LLC now owns 3,221 shares of the company’s stock valued at $268,000 after purchasing an additional 1,584 shares during the period. Oppenheimer & Co. Inc. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 7.4% in the third quarter. Oppenheimer & Co. Inc. now owns 105,875 shares of the company’s stock valued at $8,804,000 after purchasing an additional 7,258 shares during the period. Finally, OneDigital Investment Advisors LLC grew its holdings in iShares 1-3 Year Treasury Bond ETF by 214.6% in the third quarter. OneDigital Investment Advisors LLC now owns 399,196 shares of the company’s stock valued at $33,193,000 after purchasing an additional 272,314 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 Stock Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.48 on Friday. 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 50 day moving average price of $82.16 and a 200 day moving average price of $82.33. The company has a market cap of $23.24 billion, a price-to-earnings ratio of 3,755.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.2531 per share. The ex-dividend date of this dividend was Monday, March 3rd.

iShares 1-3 Year Treasury Bond ETF Company Profile

(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.