Aries Wealth Management Buys 5,707 Shares of iShares 1-3 Year Treasury Bond ETF $SHY

Aries Wealth Management grew its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 16.9% during the 2nd quarter, HoldingsChannel reports. The firm owned 39,397 shares of the company’s stock after acquiring an additional 5,707 shares during the quarter. Aries Wealth Management’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,264,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of SHY. MassMutual Private Wealth & Trust FSB grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 45.5% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock valued at $33,000 after purchasing an additional 125 shares during the period. WestEnd Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 1st quarter worth approximately $35,000. CENTRAL TRUST Co boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 575.4% in the 1st quarter. CENTRAL TRUST Co now owns 439 shares of the company’s stock worth $36,000 after acquiring an additional 374 shares in the last quarter. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter worth approximately $39,000. Finally, Flaharty Asset Management LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 1st quarter worth approximately $40,000. 23.15% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of SHY opened at $83.03 on Wednesday. The company has a market capitalization of $24.00 billion, a P/E ratio of 3,747.73 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a one year low of $81.67 and a one year high of $83.12. The business’s 50 day simple moving average is $82.84 and its 200-day simple moving average is $82.65.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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