iShares 1-3 Year Treasury Bond ETF $SHY Shares Purchased by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 35.3% in the 4th quarter, HoldingsChannel reports. The firm owned 109,743 shares of the company’s stock after buying an additional 28,628 shares during the quarter. Axxcess Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $9,089,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of SHY. Key Financial Inc raised its holdings in iShares 1-3 Year Treasury Bond ETF by 158.1% in the 3rd quarter. Key Financial Inc now owns 320 shares of the company’s stock valued at $26,000 after acquiring an additional 196 shares during the last quarter. Holos Integrated Wealth LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $29,000. Lodestone Wealth Management LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth about $29,000. Valley National Advisers Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth about $33,000. Finally, Accredited Wealth Management LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 50.0% during the 3rd quarter. Accredited Wealth Management LLC now owns 450 shares of the company’s stock worth $37,000 after acquiring an additional 150 shares during the period. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Down 0.0%

SHY stock opened at $82.12 on Friday. The business has a fifty day simple moving average of $82.38 and a 200-day simple moving average of $82.69. The company has a market cap of $25.15 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $82.00 and a 52 week high of $83.20.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were given a dividend of $0.2428 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend was Friday, May 1st.

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.