Axis Wealth Partners LLC Invests $392,000 in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Posted by Amy Steele on Mar 9th, 2025

Axis Wealth Partners LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 4,779 shares of the company’s stock, valued at approximately $392,000.

A number of other hedge funds have also bought and sold shares of the business. Golden State Wealth Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth approximately $30,000. Van ECK Associates Corp boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 92.1% in the 4th 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 purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth $36,000. Logan Capital Management Inc. purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $37,000. Finally, Creative Capital Management Investments LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at approximately $45,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY stock opened at $82.38 on Friday. The company has a market capitalization of $23.21 billion, a price-to-earnings ratio of 3,755.45 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 has a 50 day simple moving average of $82.12 and a two-hundred day simple moving average of $82.34.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a $0.2531 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.