Essential Planning LLC. Sells 445 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Essential Planning LLC. lowered its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 0.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 48,186 shares of the company’s stock after selling 445 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises approximately 1.6% of Essential Planning LLC.’s investment portfolio, making the stock its 15th biggest holding. Essential Planning LLC.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,007,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of SHY. Cerity Partners OCIO LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the second quarter worth $129,075,000. Mizuho Markets Americas LLC bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter worth $44,917,000. SG Americas Securities LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 1,533.3% in the second quarter. SG Americas Securities LLC now owns 522,140 shares of the company’s stock worth $42,633,000 after purchasing an additional 490,171 shares in the last quarter. LPL Financial LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 8.4% in the second quarter. LPL Financial LLC now owns 5,465,454 shares of the company’s stock worth $446,254,000 after purchasing an additional 422,978 shares in the last quarter. Finally, Captrust Financial Advisors lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 8.7% in the first quarter. Captrust Financial Advisors now owns 4,731,832 shares of the company’s stock worth $386,969,000 after purchasing an additional 379,718 shares in the last quarter. Institutional investors own 23.62% of the company’s stock.

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

Shares of SHY stock opened at $82.02 on Friday. The company’s fifty day simple moving average is $82.61 and its 200-day simple moving average is $82.14. The firm has a market cap of $22.15 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 12 month low of $80.91 and a 12 month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a dividend of $0.2831 per share. This represents a $3.40 dividend on an annualized basis and a yield of 4.14%. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.27. The ex-dividend date of this dividend was Friday, November 1st.

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.