Golden State Wealth Management LLC Makes New Investment in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Posted by Joseph McCarthy on Feb 12th, 2025

Golden State Wealth Management LLC bought a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 370 shares of the company’s stock, valued at approximately $30,000.

Other hedge funds have also added to or reduced their stakes in the company. Logan Capital Management Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter valued at approximately $37,000. AlphaMark Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the fourth quarter valued at approximately $63,000. Global Trust Asset Management LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter worth $68,000. Creative Financial Designs Inc. ADV boosted its position in iShares 1-3 Year Treasury Bond ETF by 23.3% in the third quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock worth $73,000 after purchasing an additional 167 shares during the last quarter. Finally, Eagle Bay Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the third quarter worth $76,000. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.0 %

SHY stock opened at $81.99 on Wednesday. The stock’s fifty day simple moving average is $82.02 and its two-hundred day simple moving average is $82.36. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30. The stock has a market cap of $23.10 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.2735 dividend. The ex-dividend date was Monday, February 3rd. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.