iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC reduced its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 13.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,387 shares of the company’s stock after selling 9,736 shares during the period. Axxcess Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $5,257,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. WestEnd Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter valued at about $30,000. Financial Connections Group Inc. purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at approximately $31,000. Criterion Capital Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 1st quarter valued at $35,000. Future Financial Wealth Managment LLC acquired a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the first quarter valued at $36,000. Finally, Mather Group LLC. acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the first quarter worth approximately $39,000. 23.62% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $83.14 on Wednesday. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $80.62 and a fifty-two week high of $83.22. The company has a market capitalization of $24.66 billion, a PE ratio of 3,695.45 and a beta of 0.01. The stock has a fifty day moving average of $82.50 and a two-hundred day moving average of $81.82.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a $0.2883 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.