Angeles Wealth Management LLC Sells 14,672 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Angeles Wealth Management LLC trimmed its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 13.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 94,954 shares of the company’s stock after selling 14,672 shares during the quarter. Angeles Wealth Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $7,840,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. NewEdge Advisors LLC increased its stake in iShares 1-3 Year Treasury Bond ETF by 0.7% in the 2nd quarter. NewEdge Advisors LLC now owns 131,739 shares of the company’s stock worth $10,916,000 after buying an additional 916 shares in the last quarter. Squarepoint Ops LLC boosted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 103.3% in the second quarter. Squarepoint Ops LLC now owns 15,212 shares of the company’s stock worth $1,260,000 after acquiring an additional 7,731 shares during the period. Darwin Wealth Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the second quarter worth about $70,000. NCM Capital Management LLC grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 6.7% during the second quarter. NCM Capital Management LLC now owns 9,569 shares of the company’s stock worth $793,000 after purchasing an additional 603 shares in the last quarter. Finally, Ausdal Financial Partners Inc. raised its stake in iShares 1-3 Year Treasury Bond ETF by 2.9% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 32,729 shares of the company’s stock valued at $2,712,000 after purchasing an additional 919 shares during the period. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY opened at $82.00 on Friday. The business’s 50 day moving average is $82.04 and its 200 day moving average is $82.46. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $81.79 and a 12-month high of $83.20. The company has a market capitalization of $25.67 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.2383 per share. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 3.5%.

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.