Syntax Research Inc. Has $12.58 Million Position in iShares 1-3 Year Treasury Bond ETF $SHY

Syntax Research Inc. lifted its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 93.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 153,197 shares of the company’s stock after purchasing an additional 74,149 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up about 9.2% of Syntax Research Inc.’s investment portfolio, making the stock its 3rd biggest position. Syntax Research Inc. owned approximately 0.05% of iShares 1-3 Year Treasury Bond ETF worth $12,579,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Innova Wealth Partners increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 134.6% in the 1st quarter. Innova Wealth Partners now owns 318,143 shares of the company’s stock valued at $26,269,000 after buying an additional 182,540 shares during the period. Bleakley Financial Group LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF by 21.1% in the fourth quarter. Bleakley Financial Group LLC now owns 892,689 shares of the company’s stock valued at $73,932,000 after acquiring an additional 155,812 shares during the last quarter. Ruggiero Investments Inc. acquired a new stake in iShares 1-3 Year Treasury Bond ETF in the fourth quarter worth about $1,344,000. Win Advisors Inc. bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 4th quarter worth about $904,000. Finally, Axxcess Wealth Management LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 35.3% during the 4th quarter. Axxcess Wealth Management LLC now owns 109,743 shares of the company’s stock worth $9,089,000 after purchasing an additional 28,628 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 Trading Up 0.1%

iShares 1-3 Year Treasury Bond ETF stock opened at $81.71 on Friday. The company has a market cap of $25.03 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 $81.59 and a 1 year high of $83.20. The company’s 50-day moving average is $81.93 and its two-hundred day moving average is $82.23.

iShares 1-3 Year Treasury Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, September 4th. Investors of record on Tuesday, September 1st will be issued a $0.244 dividend. This represents a c) annualized dividend and a yield of 3.6%. The ex-dividend date is Tuesday, September 1st.

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.