iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Bought by Axis Wealth Partners LLC

Axis Wealth Partners LLC raised its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 190.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,885 shares of the company’s stock after acquiring an additional 9,106 shares during the period. Axis Wealth Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,149,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Accredited Wealth Management LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $25,000. Godsey & Gibb Inc. purchased a new position in iShares 1-3 Year Treasury Bond ETF during the first quarter worth about $26,000. Millstone Evans Group LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth about $32,000. Carolinas Wealth Consulting LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 162.2% during the fourth quarter. Carolinas Wealth Consulting LLC now owns 409 shares of the company’s stock worth $34,000 after purchasing an additional 253 shares in the last quarter. Finally, WestEnd Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF during the first quarter worth about $35,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

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

NASDAQ SHY opened at $82.50 on Thursday. The stock has a market capitalization of $24.23 billion, a P/E ratio of 3,747.73 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $81.41 and a 52-week high of $83.30. The firm has a 50-day moving average price of $82.53 and a 200 day moving average price of $82.35.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, July 7th. Shareholders of record on Tuesday, July 1st will be given a dividend of $0.2641 per share. The ex-dividend date of this dividend is Tuesday, July 1st. This represents a $3.17 annualized dividend and a yield of 3.84%.

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.