MFA Wealth Services Has $4.52 Million Stake in iShares 1-3 Year Treasury Bond ETF $SHY

MFA Wealth Services cut its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 15.2% during the 3rd quarter, HoldingsChannel reports. The fund owned 54,431 shares of the company’s stock after selling 9,774 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises 3.1% of MFA Wealth Services’ portfolio, making the stock its 6th largest position. MFA Wealth Services’ holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,516,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Key Financial Inc grew its stake in iShares 1-3 Year Treasury Bond ETF by 158.1% in the third quarter. Key Financial Inc now owns 320 shares of the company’s stock worth $26,000 after purchasing an additional 196 shares in the last quarter. Pflug Koory LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 637.8% during the third quarter. Pflug Koory LLC now owns 332 shares of the company’s stock valued at $28,000 after buying an additional 287 shares in the last quarter. Delos Wealth Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth approximately $29,000. Howe & Rusling Inc. lifted its holdings in iShares 1-3 Year Treasury Bond ETF by 36,100.0% during the 2nd quarter. Howe & Rusling Inc. now owns 362 shares of the company’s stock worth $30,000 after buying an additional 361 shares during the last quarter. Finally, Accredited Wealth Management LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 50.0% in the 3rd quarter. Accredited Wealth Management LLC now owns 450 shares of the company’s stock worth $37,000 after acquiring an additional 150 shares in the last quarter. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.1%

Shares of NASDAQ SHY opened at $82.65 on Tuesday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $82.21 and a twelve month high of $83.20. The company has a market capitalization of $24.16 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The business has a 50 day simple moving average of $82.86 and a 200-day simple moving average of $82.88.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.223 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend was Monday, March 2nd.

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.