Sequent Planning LLC Decreases Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Sequent Planning LLC reduced its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 8.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 58,983 shares of the company’s stock after selling 5,613 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises 1.8% of Sequent Planning LLC’s investment portfolio, making the stock its 14th largest holding. Sequent Planning LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $4,835,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Eagle Asset Management Inc. boosted its stake in iShares 1-3 Year Treasury Bond ETF by 17.0% during the 3rd quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock valued at $1,097,000 after acquiring an additional 1,938 shares during the last quarter. Proficio Capital Partners LLC increased its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 51.6% in the 4th quarter. Proficio Capital Partners LLC now owns 107,528 shares of the company’s stock worth $8,840,000 after acquiring an additional 36,585 shares during the period. Simplicity Wealth LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF during the 4th quarter valued at about $719,000. Pinnacle Financial Partners Inc increased its stake in iShares 1-3 Year Treasury Bond ETF by 12.1% during the 4th quarter. Pinnacle Financial Partners Inc now owns 211,226 shares of the company’s stock valued at $17,316,000 after buying an additional 22,721 shares during the period. Finally, Zhang Financial LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 17.1% during the 4th quarter. Zhang Financial LLC now owns 12,701 shares of the company’s stock valued at $1,041,000 after purchasing an additional 1,859 shares in the last quarter. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

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

NASDAQ:SHY opened at $82.58 on Monday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $80.91 and a twelve month high of $83.30. The company has a 50-day moving average of $82.23 and a 200-day moving average of $82.31. The firm has a market cap of $23.27 billion, a price-to-earnings ratio of 3,745.00 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a $0.2531 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

iShares 1-3 Year Treasury Bond ETF Company 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.