Fortis Group Advisors LLC Acquires 4,116 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Posted by Matthew Steigler on Oct 22nd, 2024

Fortis Group Advisors LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 4.4% in the 3rd quarter, HoldingsChannel reports. The firm owned 97,581 shares of the company’s stock after purchasing an additional 4,116 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up approximately 1.5% of Fortis Group Advisors LLC’s portfolio, making the stock its 20th largest holding. Fortis Group Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $8,114,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. WestEnd Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth $30,000. Financial Connections Group Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth approximately $31,000. Criterion Capital Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth approximately $35,000. Future Financial Wealth Managment LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the first quarter valued at $36,000. Finally, Mather Group LLC. bought a new stake in iShares 1-3 Year Treasury Bond ETF during the first quarter worth approximately $39,000. 23.62% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:SHY traded up $0.02 during trading on Tuesday, hitting $82.49. The company had a trading volume of 378,807 shares, compared to its average volume of 4,050,258. The stock has a market cap of $22.66 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The company has a fifty day simple moving average of $82.81 and a two-hundred day simple moving average of $82.02. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.80 and a one year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.2883 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

About iShares 1-3 Year Treasury Bond ETF

(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.