Sigma Planning Corp Grows Stake in iShares 1-3 Year Treasury Bond ETF $SHY

Sigma Planning Corp boosted its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report) by 3.0% in the 1st quarter, HoldingsChannel.com reports. The firm owned 303,288 shares of the company’s stock after buying an additional 8,775 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for about 0.7% of Sigma Planning Corp’s holdings, making the stock its 15th largest holding. Sigma Planning Corp’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $25,042,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Captrust Financial Advisors grew its holdings in iShares 1-3 Year Treasury Bond ETF by 5.5% in the fourth quarter. Captrust Financial Advisors now owns 17,964,759 shares of the company’s stock valued at $1,487,841,000 after purchasing an additional 940,434 shares during the last quarter. Bank of America Corp DE raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.1% during the 3rd quarter. Bank of America Corp DE now owns 11,740,171 shares of the company’s stock worth $973,965,000 after buying an additional 133,178 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of iShares 1-3 Year Treasury Bond ETF by 4.6% during the 4th quarter. JPMorgan Chase & Co. now owns 10,609,701 shares of the company’s stock worth $878,695,000 after buying an additional 467,629 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 387.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 5,292,811 shares of the company’s stock worth $438,351,000 after buying an additional 4,206,546 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its position in shares of iShares 1-3 Year Treasury Bond ETF by 0.9% in the 4th quarter. Wells Fargo & Company MN now owns 5,213,941 shares of the company’s stock worth $431,819,000 after buying an additional 45,271 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 0.2%

Shares of NASDAQ SHY opened at $81.93 on Wednesday. The stock has a market cap of $25.74 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $81.79 and a 52 week high of $83.20. The company’s 50-day moving average price is $82.05 and its 200 day moving average price is $82.47.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given a $0.2383 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 3.5%.

iShares 1-3 Year Treasury Bond ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding SHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHYFree Report).

Institutional Ownership by Quarter for iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

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