Changes in Blue Trust Inc.'s Holdings of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

On October 23, 2024, it was reported that Blue Trust Inc. has reduced its investment in the iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 26.2% during the third quarter. According to their latest Form 13F filing with the Securities and Exchange Commission, Blue Trust Inc. now holds 5,924 shares after selling off 2,106 shares within that period. The remaining shares are valued at approximately $484,000 at the end of their most recent reporting period.

In addition to Blue Trust Inc., several other hedge funds have also made adjustments to their holdings in SHY. For instance, Cerity Partners OCIO LLC initiated a new investment position in the fund during the second quarter, investing approximately $129,075,000. SG Americas Securities LLC increased its stake dramatically by 1,533.3% in the same quarter and now owns 522,140 shares worth about $42,633,000 after acquiring an additional 490,171 shares. Furthermore, LPL Financial LLC expanded its holdings by 8.4%, totaling 5,465,454 shares valued at $446,254,000 after adding 422,978 shares in that quarter. Captrust Financial Advisors also grew its position by 8.7%, acquiring an additional 379,718 shares to reach 4,731,832 shares worth $386,969,000. Renaissance Technologies LLC similarly raised its stake by 75.5% in the second quarter, ending up with 847,878 shares valued at $69,229,000. Overall, hedge funds and other institutional investors collectively own about 23.62% of the company’s stock.

Performance Overview of iShares 1-3 Year Treasury Bond ETF

The iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) opened at a price of $82.46 on Wednesday. The ETF has a market capitalization of $22.65 billion and reports a PE ratio of 3,695.45, with a low of $80.80 and a high of $83.30 over the past fifty-two weeks. Its fifty-day moving average stands at $82.81, while the two-hundred-day moving average is $82.02.

Recent Dividend Announcement

The company has recently announced a dividend payment made on September 6, with investors who were on record as of September 3 receiving a dividend of $0.2883 per share. The ex-dividend date was also September 3.

About iShares 1-3 Year Treasury Bond ETF

The iShares 1-3 Year Treasury Bond ETF, trading as SHY, is designed to track the U.S. Treasury 1-3 Year bond index. This ETF focuses on a market-weighted index of U.S. Treasury debt that has between 1 to 3 years left until maturity, and it does not include Treasury STRIPS. Managed by BlackRock, SHY was launched on July 22, 2002.

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To check what other hedge funds are holding shares of SHY, visit HoldingsChannel.com for their latest 13F filings and insider trades.

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investment, ETF, dividend