Freedom Investment Management Inc. Sells 167 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Posted by Samantha Reynolds on Nov 30th, 2024

Freedom Investment Management Inc. cut its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 2.5% during the third quarter, HoldingsChannel reports. The firm owned 6,509 shares of the company’s stock after selling 167 shares during the period. Freedom Investment Management Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $541,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Guidance Capital Inc. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 11.8% in the 2nd quarter. Guidance Capital Inc. now owns 3,401 shares of the company’s stock valued at $280,000 after purchasing an additional 359 shares during the period. Gradient Investments LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1,316.2% in the second quarter. Gradient Investments LLC now owns 963 shares of the company’s stock valued at $79,000 after buying an additional 895 shares during the period. Oppenheimer Asset Management Inc. grew its position in iShares 1-3 Year Treasury Bond ETF by 13.4% during the second quarter. Oppenheimer Asset Management Inc. now owns 54,992 shares of the company’s stock worth $4,490,000 after buying an additional 6,493 shares in the last quarter. School Employees Retirement Board of Ohio bought a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter valued at about $10,123,000. Finally, Burke & Herbert Bank & Trust Co. acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at approximately $1,459,000. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.1 %

Shares of NASDAQ:SHY opened at $82.32 on Friday. The firm has a market capitalization of $22.23 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30. The business’s 50 day moving average is $82.42 and its 200-day moving average is $82.20.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a dividend of $0.2831 per share. The ex-dividend date was Friday, November 1st. This represents a $3.40 dividend on an annualized basis and a yield of 4.13%. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27.

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.