iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Stock Position Raised by Norden Group LLC

Posted by Tech Dows on Mar 3rd, 2025

Norden Group LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 301.6% during the fourth quarter, Holdings Channel reports. The firm owned 12,321 shares of the company’s stock after purchasing an additional 9,253 shares during the quarter. Norden Group LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,010,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of SHY. Golden State Wealth Management LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $30,000. Van ECK Associates Corp boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 92.1% in the fourth quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock worth $32,000 after buying an additional 187 shares during the period. Roxbury Financial LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth $36,000. Logan Capital Management Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter valued at $37,000. Finally, Creative Capital Management Investments LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at $45,000. 23.15% of the stock is owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.2 %

Shares of NASDAQ SHY opened at $82.62 on Monday. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30. The business has a 50-day moving average price of $82.06 and a two-hundred day moving average price of $82.34. The firm has a market capitalization of $23.08 billion, a PE ratio of 3,755.45 and a beta of 0.03.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a dividend of $0.2735 per share. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27. The ex-dividend date of this dividend was Monday, February 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.