Sax Wealth Advisors LLC Sells 2,184 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Sax Wealth Advisors LLC reduced its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 30.5% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,982 shares of the company’s stock after selling 2,184 shares during the quarter. Sax Wealth Advisors LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $413,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB increased its holdings in 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 worth $33,000 after purchasing an additional 125 shares in the last quarter. WestEnd Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the first quarter worth approximately $35,000. CENTRAL TRUST Co increased its holdings in iShares 1-3 Year Treasury Bond ETF by 575.4% in the first quarter. CENTRAL TRUST Co now owns 439 shares of the company’s stock worth $36,000 after purchasing an additional 374 shares in the last quarter. Oliver Lagore Vanvalin Investment Group bought a new stake in iShares 1-3 Year Treasury Bond ETF in the second quarter worth approximately $39,000. Finally, Flaharty Asset Management LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the first quarter worth approximately $40,000. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.79 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $81.67 and a 52 week high of $83.12. The stock has a 50 day moving average price of $82.82 and a two-hundred day moving average price of $82.64. The stock has a market capitalization of $23.93 billion, a PE ratio of 3,747.73 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were given a dividend of $0.2563 per share. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 3.7%.

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.