Capasso Planning Partners LLC Has $6.04 Million Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Capasso Planning Partners LLC increased its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 9.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 73,026 shares of the company’s stock after purchasing an additional 6,267 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up about 2.5% of Capasso Planning Partners LLC’s portfolio, making the stock its 9th biggest position. Capasso Planning Partners LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,041,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in SHY. Accredited Wealth Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter valued at $25,000. Godsey & Gibb Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the first quarter valued at approximately $26,000. Millstone Evans Group LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth $32,000. Carolinas Wealth Consulting LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 162.2% during the 4th quarter. Carolinas Wealth Consulting LLC now owns 409 shares of the company’s stock valued at $34,000 after acquiring an additional 253 shares in the last quarter. Finally, CENTRAL TRUST Co increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 575.4% in the first quarter. CENTRAL TRUST Co now owns 439 shares of the company’s stock valued at $36,000 after purchasing an additional 374 shares during the last quarter. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY opened at $82.73 on Thursday. iShares 1-3 Year Treasury Bond ETF has a 1 year low of $81.29 and a 1 year high of $83.30. The company has a 50 day simple moving average of $82.53 and a 200-day simple moving average of $82.33. The company has a market capitalization of $24.30 billion, a P/E ratio of 3,747.73 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were paid a dividend of $0.2718 per share. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. This represents a $3.26 annualized dividend and a yield of 3.94%. The ex-dividend date was Monday, June 2nd.

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.