Garden State Investment Advisory Services LLC Sells 908 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Posted by Defense World Staff on Sep 22nd, 2024

Garden State Investment Advisory Services LLC trimmed its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 25.5% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 2,654 shares of the company’s stock after selling 908 shares during the quarter. Garden State Investment Advisory Services LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $217,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in SHY. Gladstone Institutional Advisory LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 6.7% during the 4th quarter. Gladstone Institutional Advisory LLC now owns 2,721 shares of the company’s stock valued at $223,000 after buying an additional 171 shares during the last quarter. D.A. Davidson & CO. raised its holdings in iShares 1-3 Year Treasury Bond ETF by 4.4% during the 4th quarter. D.A. Davidson & CO. now owns 26,280 shares of the company’s stock valued at $2,156,000 after buying an additional 1,102 shares during the last quarter. Johnson Financial Group Inc. raised its holdings in iShares 1-3 Year Treasury Bond ETF by 24.4% during the 4th quarter. Johnson Financial Group Inc. now owns 9,700 shares of the company’s stock valued at $796,000 after buying an additional 1,900 shares during the last quarter. Glassman Wealth Services purchased a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $59,000. Finally, Ndwm LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at $1,371,000. 23.62% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ:SHY opened at $83.21 on Friday. The firm’s 50-day moving average price is $82.58 and its 200-day moving average price is $81.85. The company has a market capitalization of $24.68 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.62 and a 1-year high of $83.24.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a $0.2883 dividend. 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.