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

Synergy Asset Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 4,810 shares of the company’s stock, valued at approximately $394,000.

Other institutional investors have also recently made changes to their positions in the company. Logan Capital Management Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF during the third quarter worth about $37,000. AlphaMark Advisors LLC bought a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth approximately $63,000. Global Trust Asset Management LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth approximately $68,000. Creative Financial Designs Inc. ADV raised its stake in iShares 1-3 Year Treasury Bond ETF by 23.3% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 883 shares of the company’s stock valued at $73,000 after acquiring an additional 167 shares during the period. Finally, Eagle Bay Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $76,000. Institutional investors and hedge funds own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ:SHY opened at $82.28 on Friday. The firm’s fifty day moving average price is $82.03 and its two-hundred day moving average price is $82.35. The company 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 has a one year low of $80.91 and a one year high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.2804 per share. The ex-dividend date was Wednesday, December 18th. This represents a $3.36 annualized dividend and a yield of 4.09%.

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.