MAS Advisors LLC Takes Position in iShares 1-3 Year Treasury Bond ETF $SHY

MAS Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 6,055 shares of the company’s stock, valued at approximately $502,000. iShares 1-3 Year Treasury Bond ETF accounts for approximately 0.8% of MAS Advisors LLC’s investment portfolio, making the stock its 28th largest position.

Other hedge funds also recently added to or reduced their stakes in the company. Berkshire Money Management Inc. acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter worth about $43,000. CPR Investments Inc. grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 5.2% in the second quarter. CPR Investments Inc. now owns 47,875 shares of the company’s stock valued at $3,967,000 after buying an additional 2,345 shares in the last quarter. Valpey Financial Services LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at about $960,000. Merit Financial Group LLC raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 645.1% during the 2nd quarter. Merit Financial Group LLC now owns 68,848 shares of the company’s stock valued at $5,705,000 after buying an additional 59,608 shares during the period. Finally, Beacon Financial Advisory LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 85.3% during the 2nd quarter. Beacon Financial Advisory LLC now owns 6,153 shares of the company’s stock worth $510,000 after acquiring an additional 2,832 shares in the last quarter. 23.15% of the stock is owned by hedge funds and other institutional investors.

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

NASDAQ SHY opened at $82.79 on Monday. The stock has a market cap of $23.97 billion, a PE ratio of 3,747.73 and a beta of 0.01. The business has a 50 day moving average price of $82.80 and a two-hundred day moving average price of $82.63. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.67 and a fifty-two week high of $83.12.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, October 6th. Investors of record on Wednesday, October 1st will be issued a dividend of $0.2563 per share. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Wednesday, October 1st.

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.