iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Acquired by GM Advisory Group LLC

Posted by Wayne Rhoads on Mar 19th, 2025

GM Advisory Group LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 6.6% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 715,369 shares of the company’s stock after buying an additional 44,453 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up approximately 3.2% of GM Advisory Group LLC’s investment portfolio, making the stock its 7th largest position. GM Advisory Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $58,646,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Eagle Asset Management Inc. boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 17.0% during the third quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock worth $1,097,000 after buying an additional 1,938 shares during the period. Proficio Capital Partners LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 51.6% during the fourth quarter. Proficio Capital Partners LLC now owns 107,528 shares of the company’s stock worth $8,840,000 after buying an additional 36,585 shares during the period. Simplicity Wealth LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $719,000. Pinnacle Financial Partners Inc boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 12.1% during the fourth quarter. Pinnacle Financial Partners Inc now owns 211,226 shares of the company’s stock worth $17,316,000 after buying an additional 22,721 shares during the period. Finally, Zhang Financial LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 17.1% during the fourth quarter. Zhang Financial LLC now owns 12,701 shares of the company’s stock worth $1,041,000 after buying an additional 1,859 shares during the period. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $82.39 on Wednesday. The stock has a market capitalization of $23.22 billion, a P/E ratio of 3,745.00 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30. The firm has a 50-day moving average price of $82.19 and a 200 day moving average price of $82.32.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a dividend of $0.2531 per share. The ex-dividend date 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.