Noble Family Wealth LLC Trims Stake in iShares 1-3 Year Treasury Bond ETF $SHY

Noble Family Wealth LLC reduced its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 2.6% in the second quarter, Holdings Channel reports. The firm owned 28,737 shares of the company’s stock after selling 762 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises approximately 0.6% of Noble Family Wealth LLC’s holdings, making the stock its 27th biggest position. Noble Family Wealth LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,381,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. NTV Asset Management LLC grew its position in shares of 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 lifted its holdings in shares of 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 worth $19,639,000 after acquiring an additional 163,701 shares during the last quarter. HighMark Wealth Management LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth $97,000. Mattern Capital Management LLC lifted its holdings in shares of 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 worth $1,354,000 after acquiring an additional 5,209 shares during the last quarter. Finally, Abacus Planning Group Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth $6,192,000. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ SHY 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 company has a market capitalization of $23.97 billion, a P/E ratio of 3,747.73 and a beta of 0.01. The company has a fifty day moving average of $82.80 and a 200-day moving average of $82.63.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, October 6th. Stockholders 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 dividend yield of 3.7%. The ex-dividend date of this dividend is Wednesday, October 1st.

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.