Lee Danner & Bass Inc. Purchases Shares of 5,965 iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Posted by James Quigley on Mar 22nd, 2025

Lee Danner & Bass Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 5,965 shares of the company’s stock, valued at approximately $489,000.

Several other large investors have also recently added to or reduced their stakes in SHY. Banque Cantonale Vaudoise bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at approximately $92,000. Prospera Private Wealth LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at approximately $136,000. King Luther Capital Management Corp grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 5.9% in the 3rd quarter. King Luther Capital Management Corp now owns 4,206 shares of the company’s stock valued at $350,000 after purchasing an additional 234 shares during the period. Eagle Asset Management Inc. grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 17.0% in the 3rd quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock valued at $1,097,000 after purchasing an additional 1,938 shares during the period. Finally, Biltmore Family Office LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 4.5% in the 3rd quarter. Biltmore Family Office LLC now owns 72,470 shares of the company’s stock valued at $6,026,000 after purchasing an additional 3,146 shares during the period. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY opened at $82.58 on Friday. The firm has a market cap of $23.27 billion, a PE ratio of 3,745.00 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30. The stock’s 50 day simple moving average is $82.23 and its 200 day simple moving average is $82.32.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a dividend of $0.2531 per share. The ex-dividend date was Monday, March 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.