Plan Group Financial LLC Purchases 1,172 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Plan Group Financial LLC boosted its position in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 6.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,257 shares of the company’s stock after purchasing an additional 1,172 shares during the quarter. iShares 1-3 Year Treasury Bond ETF comprises about 0.8% of Plan Group Financial LLC’s portfolio, making the stock its 25th biggest position. Plan Group Financial LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,497,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of SHY. Golden State Wealth Management LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth approximately $30,000. Van ECK Associates Corp raised its stake in iShares 1-3 Year Treasury Bond ETF by 92.1% in the fourth quarter. Van ECK Associates Corp now owns 390 shares of the company’s stock worth $32,000 after buying an additional 187 shares in the last quarter. Roxbury Financial LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the fourth quarter worth $36,000. Logan Capital Management Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $37,000. Finally, Creative Capital Management Investments LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the 4th quarter valued at $45,000. 23.15% of the stock is owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Price Performance

Shares of NASDAQ SHY opened at $82.03 on Wednesday. The business has a fifty day moving average price of $82.01 and a 200 day moving average price of $82.36. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30. The stock has a market capitalization of $23.12 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a dividend of $0.2735 per share. The ex-dividend date was Monday, February 3rd. This is a positive change from iShares 1-3 Year Treasury Bond ETF’s previous dividend of $0.27.

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.