Essential Planning LLC. Has $201.79 Million Stock Position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Essential Planning LLC. grew its position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 4,992.9% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 2,454,066 shares of the company’s stock after acquiring an additional 2,405,880 shares during the period. iShares 1-3 Year Treasury Bond ETF comprises approximately 1.3% of Essential Planning LLC.’s portfolio, making the stock its 14th largest position. Essential Planning LLC.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $201,794,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Proficio Capital Partners LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 11,520.9% in the 4th quarter. Proficio Capital Partners LLC now owns 8,244,236 shares of the company’s stock worth $675,862,000 after purchasing an additional 8,173,293 shares during the period. Raymond James Financial Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 4th quarter worth $389,029,000. Captrust Financial Advisors boosted its stake in iShares 1-3 Year Treasury Bond ETF by 72.7% in the 3rd quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock worth $703,935,000 after purchasing an additional 3,563,486 shares during the period. Assetmark Inc. boosted its stake in iShares 1-3 Year Treasury Bond ETF by 94.0% in the 4th quarter. Assetmark Inc. now owns 4,075,986 shares of the company’s stock worth $334,149,000 after purchasing an additional 1,975,432 shares during the period. Finally, LPL Financial LLC boosted its stake in iShares 1-3 Year Treasury Bond ETF by 21.8% in the 3rd quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock worth $553,678,000 after purchasing an additional 1,193,337 shares during the period. Institutional investors and hedge funds own 23.15% of the company’s stock.

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

Shares of NASDAQ SHY opened at $82.48 on Wednesday. The firm has a market cap of $23.24 billion, a PE ratio of 3,755.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $80.91 and a 1-year high of $83.30. The company has a fifty day moving average price of $82.15 and a 200 day moving average price of $82.33.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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