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

Sequent Planning LLC trimmed its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 59.2% during the third quarter, HoldingsChannel.com reports. The firm owned 28,095 shares of the company’s stock after selling 40,746 shares during the quarter. Sequent Planning LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $2,331,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Harbor Investment Advisory LLC grew its stake in iShares 1-3 Year Treasury Bond ETF by 16.7% during the third quarter. Harbor Investment Advisory LLC now owns 45,086 shares of the company’s stock worth $3,740,000 after buying an additional 6,436 shares during the period. First Horizon Corp purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at $2,116,000. Cadence Wealth Management LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at $5,524,000. Childress Capital Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $896,000. Finally, JARISLOWSKY FRASER Ltd lifted its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 66.9% during the 3rd quarter. JARISLOWSKY FRASER Ltd now owns 41,528 shares of the company’s stock valued at $3,445,000 after acquiring an additional 16,647 shares in the last quarter. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Trading Up 0.0%

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $82.73 on Friday. iShares 1-3 Year Treasury Bond ETF has a twelve month low of $82.21 and a twelve month high of $83.20. The stock has a market cap of $24.18 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The company has a fifty day moving average price of $82.88 and a 200 day moving average price of $82.89.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.223 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Monday, March 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.