Yup, try cleaning it first though, I believe they're magnetic and pick up all the shavings from the rear end.

 

I want to thank everyone who posted this is what theses forums are for helping and sharing information! I took my sensor out cleaned it put it back in and the abs went off my truck also seems to have alot less lag when I stomp on the throttle not sure if I may be just my mind playing tricks but this is what seems to be