iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Stock Holdings Lessened by Fortem Financial Group LLC

Posted by Paula Ricardo on Dec 11th, 2024

Fortem Financial Group LLC lowered its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 15.3% during the third quarter, Holdings Channel.com reports. The fund owned 88,707 shares of the company’s stock after selling 16,039 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises 3.0% of Fortem Financial Group LLC’s investment portfolio, making the stock its 4th biggest position. Fortem Financial Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $7,376,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. WestEnd Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter valued at approximately $30,000. Financial Connections Group Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $31,000. Rational Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $67,000. Global Trust Asset Management LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at $68,000. Finally, Creative Financial Designs Inc. ADV lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 23.3% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after purchasing an additional 167 shares in the last quarter. Hedge funds and other institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY stock opened at $82.19 on Wednesday. The stock’s fifty day moving average is $82.29 and its two-hundred day moving average is $82.24. The firm has a market capitalization of $22.20 billion, a P/E ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.91 and a fifty-two week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, December 2nd were paid a $0.2653 dividend. The ex-dividend date of this dividend was Monday, December 2nd.

iShares 1-3 Year Treasury Bond ETF 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.