iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Shares Sold by Syntax Research Inc.

Syntax Research Inc. lowered its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. 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 makes up 4.8% of Syntax Research Inc.’s portfolio, making the stock its 4th biggest position. 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.

Several other large investors also recently made changes to their positions in SHY. King Luther Capital Management Corp grew its holdings in iShares 1-3 Year Treasury Bond ETF by 5.9% during the 3rd quarter. King Luther Capital Management Corp now owns 4,206 shares of the company’s stock valued at $350,000 after purchasing an additional 234 shares in the last quarter. Eagle Asset Management Inc. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 17.0% during the 3rd quarter. Eagle Asset Management Inc. now owns 13,369 shares of the company’s stock valued at $1,097,000 after purchasing an additional 1,938 shares in the last quarter. Icon Wealth Advisors LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $220,000. Great Valley Advisor Group Inc. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 7.1% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 24,053 shares of the company’s stock valued at $2,000,000 after purchasing an additional 1,593 shares in the last quarter. Finally, StoneX Group Inc. grew its holdings in iShares 1-3 Year Treasury Bond ETF by 9.9% during the 3rd quarter. StoneX Group Inc. now owns 26,119 shares of the company’s stock valued at $2,172,000 after purchasing an additional 2,346 shares in the last quarter. Institutional investors and hedge funds own 23.15% of the company’s stock.

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

SHY opened at $82.58 on Monday. The company has a fifty day simple moving average of $82.23 and a 200 day simple moving average of $82.31. The firm has a market cap 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 has a twelve month low of $80.91 and a twelve month high of $83.30.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

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

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.