Brady Family Wealth LLC Boosts Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Posted by Cheyenne Larson on Jan 16th, 2025

Brady Family Wealth LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 8.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,227 shares of the company’s stock after purchasing an additional 4,386 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises approximately 1.4% of Brady Family Wealth LLC’s holdings, making the stock its 26th biggest holding. Brady Family Wealth LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,446,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Rovin Capital UT ADV boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 331.8% in the 4th quarter. Rovin Capital UT ADV now owns 102,263 shares of the company’s stock valued at $8,384,000 after purchasing an additional 78,582 shares during the last quarter. Smith Thornton Advisors LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 5.3% in the 4th quarter. Smith Thornton Advisors LLC now owns 11,239 shares of the company’s stock worth $921,000 after acquiring an additional 570 shares during the period. Redhawk Wealth Advisors Inc. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 2.1% during the 4th quarter. Redhawk Wealth Advisors Inc. now owns 7,093 shares of the company’s stock valued at $582,000 after purchasing an additional 147 shares in the last quarter. Twele Capital Management Inc. grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 4.1% during the fourth quarter. Twele Capital Management Inc. now owns 5,296 shares of the company’s stock valued at $434,000 after acquiring an additional 211 shares in the last quarter. Finally, Stephens Group Asset Management LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 173.7% in the 4th quarter. Stephens Group Asset Management LLC now owns 9,600 shares of the company’s stock valued at $787,000 after purchasing an additional 6,093 shares in the last quarter. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY stock opened at $82.05 on Thursday. The stock has a market capitalization of $22.79 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The company’s 50-day simple moving average is $82.01 and its 200-day simple moving average is $82.32. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.2804 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $3.36 dividend on an annualized basis and a dividend yield of 4.10%.

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.