iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Stock Holdings Lessened by Kovack Advisors Inc.

Posted by Jim Brewer on Mar 2nd, 2025

Kovack Advisors Inc. reduced its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 23.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 4,583 shares of the company’s stock after selling 1,391 shares during the quarter. Kovack Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $376,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of SHY. Golden State Wealth Management LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $30,000. Van ECK Associates Corp lifted its position in iShares 1-3 Year Treasury Bond ETF by 92.1% in the 4th quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock valued at $32,000 after purchasing an additional 187 shares during the last quarter. Roxbury Financial LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $36,000. Logan Capital Management Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at about $37,000. Finally, Creative Capital Management Investments LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at about $45,000. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.2 %

Shares of NASDAQ:SHY opened at $82.62 on Friday. The company has a market cap of $23.08 billion, a PE ratio of 3,755.45 and a beta of 0.03. The company’s 50-day moving average price is $82.06 and its 200 day moving average price is $82.34. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.91 and a fifty-two week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a $0.2735 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase 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.