iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Arbor Trust Wealth Advisors LLC

Posted by Michael Walen on Jan 19th, 2025

Arbor Trust Wealth Advisors LLC cut its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 5.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 3,586 shares of the company’s stock after selling 205 shares during the period. Arbor Trust Wealth Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $294,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of SHY. SPC Financial Inc. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 2.3% in the third quarter. SPC Financial Inc. now owns 6,275 shares of the company’s stock valued at $522,000 after purchasing an additional 140 shares in the last quarter. Redhawk Wealth Advisors Inc. boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 2.1% in the 4th quarter. Redhawk Wealth Advisors Inc. now owns 7,093 shares of the company’s stock valued at $582,000 after buying an additional 147 shares in the last quarter. Acorn Wealth Advisors LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% in the 3rd quarter. Acorn Wealth Advisors LLC now owns 20,779 shares of the company’s stock valued at $1,728,000 after buying an additional 152 shares during the last quarter. Rehmann Capital Advisory Group raised its stake in iShares 1-3 Year Treasury Bond ETF by 0.6% during the 3rd quarter. Rehmann Capital Advisory Group now owns 26,450 shares of the company’s stock worth $2,199,000 after acquiring an additional 152 shares in the last quarter. Finally, D.A. Davidson & CO. lifted its position 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 acquiring an additional 153 shares during the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY stock opened at $82.08 on Friday. The stock’s 50-day moving average is $82.01 and its two-hundred day moving average is $82.32. 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 cap of $22.74 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a dividend of $0.2804 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.36 dividend on an annualized basis and a yield of 4.10%.

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.