iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Stock Position Lessened by Syntax Research Inc.

Syntax Research Inc. lessened its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 81,198 shares of the company’s stock after selling 3,124 shares during the period. iShares 1-3 Year Treasury Bond ETF accounts for approximately 4.8% of Syntax Research Inc.’s portfolio, making the stock its 4th largest holding. Syntax Research Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $6,657,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Blueprint Investment Partners LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.2% during the fourth quarter. Blueprint Investment Partners LLC now owns 6,666 shares of the company’s stock valued at $546,000 after buying an additional 142 shares during the period. Center For Asset Management LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 5.8% during the fourth quarter. Center For Asset Management LLC now owns 2,636 shares of the company’s stock valued at $216,000 after buying an additional 145 shares during the period. Redhawk Wealth Advisors Inc. lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 2.1% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 7,093 shares of the company’s stock valued at $582,000 after buying an additional 147 shares during the period. Acorn Wealth Advisors LLC lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.7% during the third quarter. Acorn Wealth Advisors LLC now owns 20,779 shares of the company’s stock valued at $1,728,000 after buying an additional 152 shares during the period. Finally, Rehmann Capital Advisory Group lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF by 0.6% during the third quarter. Rehmann Capital Advisory Group now owns 26,450 shares of the company’s stock valued at $2,199,000 after buying an additional 152 shares during the period. Hedge funds and other institutional investors own 23.15% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY stock opened at $82.58 on Monday. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.91 and a one year high of $83.30. The company has a 50 day moving average price of $82.23 and a 200 day moving average price of $82.31. The firm has a market capitalization of $23.27 billion, a price-to-earnings ratio of 3,745.00 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.