iShares 1-3 Year Treasury Bond ETF $SHY Shares Sold by Synergy Asset Management LLC

Synergy Asset Management LLC decreased its holdings in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 83.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,771 shares of the company’s stock after selling 24,450 shares during the period. Synergy Asset Management LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $395,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in SHY. Harbor Investment Advisory LLC lifted its stake in iShares 1-3 Year Treasury Bond ETF by 16.7% in the 3rd quarter. Harbor Investment Advisory LLC now owns 45,086 shares of the company’s stock valued at $3,740,000 after buying an additional 6,436 shares in the last quarter. First Horizon Corp purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth approximately $2,116,000. Cadence Wealth Management LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth approximately $5,524,000. Childress Capital Advisors LLC acquired a new position in shares of iShares 1-3 Year Treasury Bond ETF during the third quarter valued at approximately $896,000. Finally, JARISLOWSKY FRASER Ltd raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 66.9% during the third quarter. JARISLOWSKY FRASER Ltd now owns 41,528 shares of the company’s stock valued at $3,445,000 after acquiring an additional 16,647 shares during the last quarter. 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 $82.39 on Friday. The stock’s 50 day simple moving average is $82.78 and its 200-day simple moving average is $82.85. The company has a market cap of $24.08 billion, a PE ratio of 3,747.73 and a beta of 0.05. iShares 1-3 Year Treasury Bond ETF has a 1-year low of $82.21 and a 1-year high of $83.20.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a $0.223 dividend. This represents a c) annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Monday, March 2nd.

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.