Silver Oak Securities Incorporated Reduces Holdings in iShares 1-3 Year Treasury Bond ETF

On October 27, 2024, it was reported that Silver Oak Securities Incorporated has decreased its stake in the iShares 1-3 Year Treasury Bond ETF (NASDAQ: SHY) by 11.7% during the third quarter, as detailed in their latest 13F filing with the SEC. After selling 633 shares during this period, the firm now holds 4,797 shares in the ETF, which are valued at approximately $399,000 based on the most recent data.

Additionally, several institutional investors and hedge funds have recently adjusted their positions in SHY. For example, WestEnd Advisors LLC acquired a new stake worth about $30,000 in the second quarter, while Financial Connections Group Inc. also initiated a new position valued at around $31,000 during the same timeframe. Meanwhile, Atticus Wealth Management LLC boosted its stake by 76.0% in the first quarter, bringing its total holdings to 549 shares worth $45,000 after acquiring an additional 237 shares in the prior quarter. Furthermore, Rational Advisors LLC and Global Trust Asset Management LLC purchased new stakes worth approximately $67,000 and $68,000, respectively.

Performance of iShares 1-3 Year Treasury Bond ETF

As of last Friday, SHY shares opened at $82.42. The ETF has a market capitalization of $22.56 billion and a P/E ratio of 3,695.45. It also has a beta of 0.01, indicating low volatility. Over the last year, SHY has experienced a low of $80.80 and a high of $83.30, with a 50-day moving average of $82.80 and a 200-day moving average of $82.04.

Dividend Information for iShares 1-3 Year Treasury Bond ETF

The company also announced a recent dividend, which was disbursed to investors on September 6. Those who were on record as of September 3 received a dividend of $0.2883, with the ex-dividend date being the same day.

Overview of iShares 1-3 Year Treasury Bond ETF

The iShares 1-3 Year Treasury Bond ETF (SHY) is an exchange-traded fund designed to track a market-capitalization-weighted index of United States Treasury bonds with a maturity of one to three years. It was launched on July 22, 2002, and is managed by BlackRock. Importantly, Treasury STRIPS are not included in this ETF.

Securities, Funding, ETF