WealthPlan Investment Management LLC Boosts Stock Position in iShares 1-3 Year Treasury Bond ETF $SHY

WealthPlan Investment Management LLC lifted its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.7% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 5,113 shares of the company’s stock after buying an additional 182 shares during the quarter. WealthPlan Investment Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $424,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 45.5% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 400 shares of the company’s stock valued at $33,000 after buying an additional 125 shares during the period. WestEnd Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 1st quarter valued at $35,000. CENTRAL TRUST Co raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 575.4% in the 1st quarter. CENTRAL TRUST Co now owns 439 shares of the company’s stock valued at $36,000 after buying an additional 374 shares during the period. Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at $39,000. Finally, Flaharty Asset Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 1st quarter valued at $40,000. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.1%

SHY stock opened at $83.10 on Friday. The company has a market capitalization of $23.82 billion, a PE ratio of 3,747.73 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $81.67 and a 12-month high of $83.13. The business’s fifty day moving average price is $82.86 and its 200 day moving average price is $82.66.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were issued a dividend of $0.2563 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 3.7%.

iShares 1-3 Year Treasury Bond ETF 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.