Ascent Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 35,266 shares of the company’s stock, valued at approximately $2,912,000. iShares 1-3 Year Treasury Bond ETF accounts for 4.6% of Ascent Advisors LLC’s investment portfolio, making the stock its 7th biggest position.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SHY. Quent Long Short Global Small Cap Fund LP bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at approximately $53,414,000. Banco Bilbao Vizcaya Argentaria S.A. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 118.9% in the 3rd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 84,768 shares of the company’s stock valued at $7,023,000 after buying an additional 46,040 shares during the last quarter. Innova Wealth Partners increased its position in iShares 1-3 Year Treasury Bond ETF by 134.6% in the 1st quarter. Innova Wealth Partners now owns 318,143 shares of the company’s stock worth $26,269,000 after buying an additional 182,540 shares during the period. Finer Wealth Management Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $1,685,000. Finally, Stapp Wealth Management Pllc increased its position in iShares 1-3 Year Treasury Bond ETF by 211.2% in the 4th quarter. Stapp Wealth Management Pllc now owns 13,302 shares of the company’s stock worth $1,102,000 after buying an additional 9,027 shares during the period. Institutional investors and hedge funds own 23.15% of the company’s stock.
iShares 1-3 Year Treasury Bond ETF Stock Down 0.0%
Shares of SHY stock opened at $81.84 on Thursday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $81.81 and a 12 month high of $83.20. The firm has a market cap of $25.30 billion, a PE ratio of 3,747.73 and a beta of 0.05. The stock has a 50 day moving average of $82.09 and a 200-day moving average of $82.50.
iShares 1-3 Year Treasury Bond ETF Cuts Dividend
About iShares 1-3 Year Treasury Bond ETF
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.
Further Reading
- Five stocks we like better than iShares 1-3 Year Treasury Bond ETF
- A Market Panic Just Discounted the AI Highway’s Tollbooth
- Why Exxon Could Be the Market’s Next Big Comeback Stock
- The Market Just Got Shaken—These 3 ETFs May Come Out Stronger
- Meta Platforms’ Cloud Push: Growth Opportunity Versus AI Concerns
Want to see what other hedge funds are holding SHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report).
Receive News & Ratings for iShares 1-3 Year Treasury Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares 1-3 Year Treasury Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
