Maxele Advisors LLC Takes $1.56 Million Position in iShares 1-3 Year Treasury Bond ETF $SHY

Maxele Advisors LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the third quarter, Holdings Channel.com reports. The firm acquired 18,812 shares of the company’s stock, valued at approximately $1,561,000. iShares 1-3 Year Treasury Bond ETF comprises 1.3% of Maxele Advisors LLC’s holdings, making the stock its 20th biggest holding.

Several other institutional investors have also recently made changes to their positions in SHY. Aspire Growth Partners LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 1.0% in the third quarter. Aspire Growth Partners LLC now owns 13,284 shares of the company’s stock valued at $1,102,000 after purchasing an additional 127 shares during the last quarter. Onyx Bridge Wealth Group LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.5% during the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 5,268 shares of the company’s stock valued at $437,000 after buying an additional 128 shares during the last quarter. Belpointe Asset Management LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.8% in the 3rd quarter. Belpointe Asset Management LLC now owns 17,415 shares of the company’s stock valued at $1,445,000 after buying an additional 131 shares during the period. ESL Trust Services LLC lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 6.5% in the 3rd quarter. ESL Trust Services LLC now owns 2,194 shares of the company’s stock valued at $182,000 after buying an additional 133 shares during the period. Finally, Clientfirst Wealth Management LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.2% in the third quarter. Clientfirst Wealth Management LLC now owns 11,689 shares of the company’s stock worth $970,000 after buying an additional 133 shares during the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.1%

iShares 1-3 Year Treasury Bond ETF stock opened at $82.65 on Tuesday. The firm has a market cap of $24.16 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 $82.21 and a 52 week high of $83.20. The business’s 50-day moving average price is $82.86 and its 200 day moving average price is $82.88.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a $0.223 dividend. This represents a c) annualized dividend and a yield of 3.2%. The ex-dividend date was Monday, March 2nd.

About iShares 1-3 Year Treasury Bond ETF

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.