Single Point Partners LLC Acquires Shares of 35,908 iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Posted by Jessica Moore on Feb 11th, 2025

Single Point Partners LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 35,908 shares of the company’s stock, valued at approximately $2,944,000. iShares 1-3 Year Treasury Bond ETF makes up 0.7% of Single Point Partners LLC’s holdings, making the stock its 24th largest position.

Several other hedge funds have also recently modified their holdings of SHY. Golden State Wealth Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $30,000. Logan Capital Management Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter valued at approximately $37,000. AlphaMark Advisors LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $63,000. Wingate Wealth Advisors Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $64,000. Finally, Global Trust Asset Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the third quarter valued at approximately $68,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.0 %

NASDAQ:SHY opened at $82.01 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.91 and a 52 week high of $83.30. The firm has a 50 day moving average of $82.02 and a 200 day moving average of $82.36. The stock has a market capitalization of $23.11 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given 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 was Monday, February 3rd.

iShares 1-3 Year Treasury Bond ETF Company 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.