Consolidated Planning Corp Sells 7,769 Shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Consolidated Planning Corp trimmed its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 32.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,304 shares of the company’s stock after selling 7,769 shares during the quarter. Consolidated Planning Corp’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $1,338,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Barrett & Company Inc. grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.4% in the 4th quarter. Barrett & Company Inc. now owns 9,375 shares of the company’s stock worth $769,000 after buying an additional 125 shares during the last quarter. Advanced Asset Management Advisors Inc grew its position in shares of iShares 1-3 Year Treasury Bond ETF by 1.5% in the 4th quarter. Advanced Asset Management Advisors Inc now owns 8,627 shares of the company’s stock worth $708,000 after buying an additional 128 shares during the last quarter. Verdence Capital Advisors LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.7% in the 4th quarter. Verdence Capital Advisors LLC now owns 5,043 shares of the company’s stock valued at $414,000 after purchasing an additional 133 shares during the period. Straight Path Wealth Management lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 4.8% in the 4th quarter. Straight Path Wealth Management now owns 3,295 shares of the company’s stock valued at $270,000 after purchasing an additional 150 shares during the period. Finally, Seelaus Asset Management LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.3% in the 4th quarter. Seelaus Asset Management LLC now owns 6,757 shares of the company’s stock valued at $554,000 after purchasing an additional 150 shares during the period. 23.62% of the stock is currently owned by institutional investors.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY traded up $0.02 on Friday, reaching $81.21. The stock had a trading volume of 3,071,548 shares, compared to its average volume of 4,538,988. The firm has a market capitalization of $24.57 billion, a price-to-earnings ratio of 3,690.68 and a beta of 0.01. The company has a 50-day simple moving average of $81.51 and a 200-day simple moving average of $81.56. iShares 1-3 Year Treasury Bond ETF has a 12-month low of $80.55 and a 12-month high of $82.60.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a $0.2705 dividend. This represents a $3.25 dividend on an annualized basis and a dividend yield of 4.00%. The ex-dividend date of this dividend was Monday, April 1st.

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.