Retirement Planning Group LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY – Free Report) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 7,643 shares of the company’s stock, valued at approximately $621,000.
Other hedge funds have also recently added to or reduced their stakes in the company. Tower View Wealth Management LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 11.4% during the first quarter. Tower View Wealth Management LLC now owns 1,285 shares of the company’s stock worth $106,000 after buying an additional 132 shares during the period. Cahaba Wealth Management Inc. lifted its stake in iShares 1-3 Year Treasury Bond ETF by 0.5% in the first quarter. Cahaba Wealth Management Inc. now owns 25,095 shares of the company’s stock valued at $2,072,000 after buying an additional 133 shares during the last quarter. TD Waterhouse Canada Inc. lifted its stake in iShares 1-3 Year Treasury Bond ETF by 0.7% in the second quarter. TD Waterhouse Canada Inc. now owns 19,766 shares of the company’s stock valued at $1,618,000 after buying an additional 141 shares during the last quarter. Christensen King & Associates Investment Services Inc. boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 0.5% in the first quarter. Christensen King & Associates Investment Services Inc. now owns 29,080 shares of the company’s stock valued at $2,401,000 after acquiring an additional 153 shares during the period. Finally, Centaurus Financial Inc. boosted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 6.8% in the first quarter. Centaurus Financial Inc. now owns 2,604 shares of the company’s stock valued at $215,000 after acquiring an additional 165 shares during the period. Hedge funds and other institutional investors own 23.15% of the company’s stock.
iShares 1-3 Year Treasury Bond ETF Trading Down 0.0%
SHY stock opened at $81.29 on Thursday. The company has a market capitalization of $27.12 billion, a P/E ratio of 3,747.73 and a beta of 0.05. The business has a 50 day simple moving average of $81.49 and a 200-day simple moving average of $81.89. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.95 and a twelve month high of $83.20.
iShares 1-3 Year Treasury Bond ETF Cuts Dividend
The firm also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a $0.2410 dividend. This is a negative change from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2440. The ex-dividend date was Thursday, October 1st. This represents a $2.89 annualized dividend and a yield of 3.6%.
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.
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