Axxcess Wealth Management LLC Has $3.34 Million Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Axxcess Wealth Management LLC decreased its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 8.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 40,675 shares of the company’s stock after selling 3,720 shares during the period. Axxcess Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,335,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Proficio Capital Partners LLC increased its holdings in iShares 1-3 Year Treasury Bond ETF by 11,520.9% in the fourth quarter. Proficio Capital Partners LLC now owns 8,244,236 shares of the company’s stock worth $675,862,000 after purchasing an additional 8,173,293 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $389,029,000. Captrust Financial Advisors increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 72.7% in the 3rd quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock valued at $703,935,000 after acquiring an additional 3,563,486 shares in the last quarter. Essential Planning LLC. increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 4,992.9% in the 4th quarter. Essential Planning LLC. now owns 2,454,066 shares of the company’s stock valued at $201,794,000 after acquiring an additional 2,405,880 shares in the last quarter. Finally, Assetmark Inc. lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 94.0% during the 4th quarter. Assetmark Inc. now owns 4,075,986 shares of the company’s stock valued at $334,149,000 after acquiring an additional 1,975,432 shares during the period. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ:SHY opened at $82.39 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30. The stock has a market capitalization of $23.22 billion, a price-to-earnings ratio of 3,745.00 and a beta of 0.01. The firm has a fifty day simple moving average of $82.19 and a two-hundred day simple moving average of $82.32.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

iShares 1-3 Year Treasury Bond ETF 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.