Axxcess Wealth Management LLC Acquires 6,298 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Axxcess Wealth Management LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 8.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 81,115 shares of the company’s stock after purchasing an additional 6,298 shares during the period. Axxcess Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,729,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in SHY. Hantz Financial Services Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at $25,000. Key Financial Inc grew its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 158.1% during the third quarter. Key Financial Inc now owns 320 shares of the company’s stock worth $26,000 after purchasing an additional 196 shares during the last quarter. Pflug Koory LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 637.8% in the third quarter. Pflug Koory LLC now owns 332 shares of the company’s stock valued at $28,000 after buying an additional 287 shares in the last quarter. Delos Wealth Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter valued at about $29,000. Finally, Howe & Rusling Inc. lifted its position in iShares 1-3 Year Treasury Bond ETF by 36,100.0% during the 2nd quarter. Howe & Rusling Inc. now owns 362 shares of the company’s stock worth $30,000 after buying an additional 361 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 Down 0.1%

Shares of NASDAQ:SHY opened at $82.98 on Thursday. The firm has a market cap of $24.26 billion, a P/E ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $82.04 and a 12 month high of $83.14. The company’s 50-day moving average price is $82.86 and its two-hundred day moving average price is $82.87.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.25 per share. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, February 2nd.

iShares 1-3 Year Treasury Bond ETF Company Profile

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.