7,643 Shares of iShares 1-3 Year Treasury Bond ETF $SHY Bought by Retirement Planning Group LLC

Retirement Planning Group LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 7,643 shares of the company’s stock, valued at approximately $621,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Whittier Trust Co. of Nevada Inc. raised its stake in iShares 1-3 Year Treasury Bond ETF by 345.8% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 321 shares of the company’s stock valued at $26,000 after acquiring an additional 249 shares during the last quarter. Mather Group LLC. acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth approximately $28,000. Ashton Thomas Securities LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 1st quarter worth approximately $30,000. Weaver Capital Management LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth approximately $34,000. Finally, Merkkuri Wealth Advisors LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 1st quarter valued at approximately $38,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Down 0.0%

Shares of 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’s 50 day moving average is $81.49 and its two-hundred day moving average is $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 business also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were issued a dividend of $0.2410 per share. This is a drop from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2440. This represents a $2.89 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Thursday, October 1st.

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.