4,810 Shares in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Bought by Synergy Asset Management LLC

Synergy Asset Management LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 4,810 shares of the company’s stock, valued at approximately $394,000.

A number of other hedge funds have also recently made changes to their positions in SHY. School Employees Retirement Board of Ohio acquired a new position in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at approximately $10,123,000. Eagle Asset Management Inc. grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 17.0% in the third quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock worth $1,097,000 after purchasing an additional 1,938 shares during the last quarter. Park Avenue Securities LLC grew its stake in shares of iShares 1-3 Year Treasury Bond ETF by 30.4% in the third quarter. Park Avenue Securities LLC now owns 87,329 shares of the company’s stock worth $7,261,000 after purchasing an additional 20,384 shares during the last quarter. Alternative Investment Advisors LLC. acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at $350,000. Finally, Bridge Advisory LLC raised its position in iShares 1-3 Year Treasury Bond ETF by 19.2% during the 3rd quarter. Bridge Advisory LLC now owns 10,998 shares of the company’s stock worth $914,000 after purchasing an additional 1,774 shares during the last quarter. 23.15% of the stock is owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Price Performance

iShares 1-3 Year Treasury Bond ETF stock opened at $82.28 on Friday. The stock’s 50 day moving average is $82.03 and its 200 day moving average is $82.35. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30. The firm has a market cap of $23.17 billion, a P/E ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a dividend of $0.2804 per share. This represents a $3.36 dividend on an annualized basis and a yield of 4.09%. The ex-dividend date of this dividend was Wednesday, December 18th.

iShares 1-3 Year Treasury Bond ETF 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.