9,200 Shares in iShares 1-3 Year Treasury Bond ETF $SHY Bought by Traynor Capital Management Inc.

Traynor Capital Management Inc. bought a new position in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 9,200 shares of the company’s stock, valued at approximately $763,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Hantz Financial Services Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF during the 2nd quarter worth $25,000. Pflug Koory LLC raised its stake in iShares 1-3 Year Treasury Bond ETF by 637.8% in the 3rd quarter. Pflug Koory LLC now owns 332 shares of the company’s stock valued at $28,000 after acquiring an additional 287 shares during the period. Delos Wealth Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at about $29,000. Howe & Rusling Inc. raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 36,100.0% in the second quarter. Howe & Rusling Inc. now owns 362 shares of the company’s stock valued at $30,000 after purchasing an additional 361 shares during the period. Finally, Grey Fox Wealth Advisors LLC bought a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter valued at $38,000. 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 opened at $82.92 on Friday. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $81.87 and a 52-week high of $83.14. The stock has a market capitalization of $24.10 billion, a price-to-earnings ratio of 3,747.73 and a beta of 0.05. The stock’s 50-day simple moving average is $82.86 and its 200 day simple moving average is $82.83.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a dividend of $0.2548 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Friday, December 19th.

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.