iShares 1-3 Year Treasury Bond ETF $SHY Shares Newly Bought by Sigma Planning Corp

Sigma Planning Corp purchased a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 335,881 shares of the company’s stock, valued at approximately $27,274,000. iShares 1-3 Year Treasury Bond ETF accounts for 0.7% of Sigma Planning Corp’s holdings, making the stock its 17th biggest position. Sigma Planning Corp owned approximately 0.10% of iShares 1-3 Year Treasury Bond ETF at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Cahaba Wealth Management Inc. raised its position in iShares 1-3 Year Treasury Bond ETF by 0.5% during the 1st quarter. Cahaba Wealth Management Inc. now owns 25,095 shares of the company’s stock valued at $2,072,000 after purchasing an additional 133 shares in the last quarter. TD Waterhouse Canada Inc. raised its holdings 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 worth $1,618,000 after purchasing an additional 141 shares in the last quarter. Centaurus Financial Inc. lifted its position in iShares 1-3 Year Treasury Bond ETF by 6.8% during 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 last quarter. L.K. Benson & Company P.C. lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1.2% during the 3rd quarter. L.K. Benson & Company P.C. now owns 14,164 shares of the company’s stock valued at $1,150,000 after purchasing an additional 171 shares during the last quarter. Finally, XY Planning Network Inc. boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 1.8% in the third quarter. XY Planning Network Inc. now owns 10,040 shares of the company’s stock worth $815,000 after acquiring an additional 178 shares in the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ:SHY opened at $81.50 on Monday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.95 and a twelve month high of $83.20. The company’s 50 day moving average is $81.47 and its two-hundred day moving average is $81.88. The company has a market cap of $27.27 billion, a PE ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were given a dividend of $0.2410 per share. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $2.89 dividend on an annualized basis and a yield of 3.5%. This is a decrease from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.2440.

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.