Sigma Planning Corp Grows Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Sigma Planning Corp raised its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 7.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 234,399 shares of the company’s stock after acquiring an additional 16,090 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up about 0.6% of Sigma Planning Corp’s holdings, making the stock its 20th largest holding. Sigma Planning Corp’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $19,216,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SHY. Golden State Wealth Management LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth about $30,000. Van ECK Associates Corp raised its stake in shares of 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 purchasing an additional 187 shares during the last quarter. Roxbury Financial LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth about $36,000. Logan Capital Management Inc. purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the third quarter worth about $37,000. Finally, Creative Capital Management Investments LLC purchased a new position in shares of iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth about $45,000. 23.15% of the stock is currently owned by hedge funds and other institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.2 %

Shares of NASDAQ:SHY opened at $82.24 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30. The stock has a market cap of $23.18 billion, a price-to-earnings ratio of 3,695.45 and a beta of 0.01. The business has a 50-day moving average price of $82.00 and a 200-day moving average price of $82.35.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

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