Able Wealth Management LLC Has $261,000 Stake in iShares 1-3 Year Treasury Bond ETF $SHY

Able Wealth Management LLC lessened its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 18.3% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,147 shares of the company’s stock after selling 704 shares during the quarter. Able Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $261,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in SHY. Hantz Financial Services Inc. acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth approximately $25,000. MassMutual Private Wealth & Trust FSB raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 45.5% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock valued at $33,000 after purchasing an additional 125 shares during the period. Oliver Lagore Vanvalin Investment Group bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $39,000. Flaharty Asset Management LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter valued at approximately $40,000. Finally, Garrison Bradford & Associates Inc. bought a new position in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter valued at approximately $41,000. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.1%

NASDAQ:SHY opened at $82.69 on Thursday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $81.67 and a 1 year high of $83.14. The firm’s fifty day simple moving average is $82.93 and its 200 day simple moving average is $82.69. The firm has a market capitalization of $23.87 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, November 6th. Investors of record on Monday, November 3rd will be given a dividend of $0.2627 per share. The ex-dividend date of this dividend is Monday, November 3rd. This represents a c) annualized dividend and a dividend yield of 3.8%. This is a boost from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26.

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.