iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Stock Position Increased by Watchman Group Inc.

Posted by Lauren Steadman on Mar 30th, 2025

Watchman Group Inc. raised its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) by 5.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 419,076 shares of the company’s stock after purchasing an additional 21,917 shares during the quarter. iShares 1-3 Year Treasury Bond ETF accounts for approximately 9.0% of Watchman Group Inc.’s portfolio, making the stock its largest position. Watchman Group Inc. owned about 0.15% of iShares 1-3 Year Treasury Bond ETF worth $34,356,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Proficio Capital Partners LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 51.6% in the 4th quarter. Proficio Capital Partners LLC now owns 107,528 shares of the company’s stock valued at $8,840,000 after purchasing an additional 36,585 shares during the period. Simplicity Wealth LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth $719,000. Pinnacle Financial Partners Inc lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 12.1% in the fourth quarter. Pinnacle Financial Partners Inc now owns 211,226 shares of the company’s stock valued at $17,316,000 after purchasing an additional 22,721 shares during the period. Zhang Financial LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 17.1% during the fourth quarter. Zhang Financial LLC now owns 12,701 shares of the company’s stock worth $1,041,000 after buying an additional 1,859 shares in the last quarter. Finally, Purus Wealth Management LLC grew its position in iShares 1-3 Year Treasury Bond ETF by 8.6% during the fourth quarter. Purus Wealth Management LLC now owns 6,660 shares of the company’s stock worth $546,000 after buying an additional 530 shares during the period. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

SHY opened at $82.67 on Friday. 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 $23.30 billion, a P/E ratio of 3,745.00 and a beta of 0.01. The stock’s 50 day simple moving average is $82.28 and its 200 day simple moving average is $82.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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