iShares 1-3 Year Treasury Bond ETF $SHY Shares Sold by Essential Planning LLC.

Essential Planning LLC. lowered its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 20.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 26,504 shares of the company’s stock after selling 6,842 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for 0.6% of Essential Planning LLC.’s investment portfolio, making the stock its 27th biggest holding. Essential Planning LLC.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,152,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE grew its stake in iShares 1-3 Year Treasury Bond ETF by 28.3% in the 1st quarter. Bank of America Corp DE now owns 15,649,532 shares of the company’s stock valued at $1,292,182,000 after buying an additional 3,451,890 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in iShares 1-3 Year Treasury Bond ETF by 3.0% in the 1st quarter. Bank of New York Mellon Corp now owns 5,713,736 shares of the company’s stock worth $471,783,000 after purchasing an additional 165,473 shares in the last quarter. RPOA Advisors Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $301,889,000. The Manufacturers Life Insurance Company grew its position in iShares 1-3 Year Treasury Bond ETF by 225.0% during the second quarter. The Manufacturers Life Insurance Company now owns 3,545,364 shares of the company’s stock worth $291,110,000 after buying an additional 2,454,485 shares in the last quarter. Finally, Assetmark Inc. increased its position in shares of iShares 1-3 Year Treasury Bond ETF by 46.1% in the first quarter. Assetmark Inc. now owns 3,175,680 shares of the company’s stock worth $262,216,000 after purchasing an additional 1,002,453 shares during the last quarter. Institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ SHY opened at $81.29 on Thursday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.95 and a 52-week high of $83.20. The company has a fifty day moving average of $81.49 and a 200-day moving average of $81.89. The company has a market capitalization of $27.12 billion, a P/E ratio of 3,747.73 and a beta of 0.05.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a $0.2410 dividend. This represents a $2.89 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date was Thursday, October 1st. This is a negative change 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.