MBL Wealth LLC Decreases Stock Position in iShares 1-3 Year Treasury Bond ETF $SHY

MBL Wealth LLC lessened its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.0% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 177,732 shares of the company’s stock after selling 1,854 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises about 1.4% of MBL Wealth LLC’s holdings, making the stock its 17th largest holding. MBL Wealth LLC owned approximately 0.06% of iShares 1-3 Year Treasury Bond ETF worth $14,727,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of the business. Realta Investment Advisors grew its stake in iShares 1-3 Year Treasury Bond ETF by 13.4% during the 2nd quarter. Realta Investment Advisors now owns 18,862 shares of the company’s stock valued at $1,563,000 after purchasing an additional 2,222 shares in the last quarter. NTV Asset Management LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 8.3% during the 2nd quarter. NTV Asset Management LLC now owns 19,470 shares of the company’s stock valued at $1,613,000 after purchasing an additional 1,495 shares in the last quarter. Ascent Group LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 223.3% during the 2nd quarter. Ascent Group LLC now owns 237,014 shares of the company’s stock valued at $19,639,000 after purchasing an additional 163,701 shares in the last quarter. HighMark Wealth Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter valued at approximately $97,000. Finally, Mattern Capital Management LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 46.8% during the 2nd quarter. Mattern Capital Management LLC now owns 16,345 shares of the company’s stock valued at $1,354,000 after purchasing an additional 5,209 shares in the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

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

Shares of NASDAQ SHY opened at $82.79 on Friday. 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. The business has a 50 day moving average price of $82.80 and a two-hundred day moving average price of $82.63. The firm has a market cap of $23.97 billion, a PE ratio of 3,747.73 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st will be paid 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 is Wednesday, October 1st.

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.