Syon Capital LLC Has $59.78 Million Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Syon Capital LLC boosted its holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 13.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 728,702 shares of the company’s stock after buying an additional 84,928 shares during the quarter. iShares 1-3 Year Treasury Bond ETF makes up approximately 4.3% of Syon Capital LLC’s investment portfolio, making the stock its 4th largest position. Syon Capital LLC owned 0.23% of iShares 1-3 Year Treasury Bond ETF worth $59,783,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in SHY. Flagship Harbor Advisors LLC bought a new position in iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at approximately $478,000. Impact Partnership Wealth LLC increased its position in iShares 1-3 Year Treasury Bond ETF by 114.4% during the 3rd quarter. Impact Partnership Wealth LLC now owns 641 shares of the company’s stock valued at $52,000 after purchasing an additional 342 shares during the period. DAVENPORT & Co LLC raised its holdings in iShares 1-3 Year Treasury Bond ETF by 7.4% during the 3rd quarter. DAVENPORT & Co LLC now owns 14,106 shares of the company’s stock worth $1,142,000 after purchasing an additional 970 shares during the last quarter. Strategic Blueprint LLC lifted its position in shares of iShares 1-3 Year Treasury Bond ETF by 142.1% in the 3rd quarter. Strategic Blueprint LLC now owns 15,102 shares of the company’s stock worth $1,223,000 after purchasing an additional 8,863 shares during the period. Finally, Hanlon Investment Management Inc. bought a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 3rd quarter valued at $8,622,000. Institutional investors own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Price Performance

NASDAQ SHY traded up $0.02 during mid-day trading on Friday, reaching $81.21. 3,047,930 shares of the stock were exchanged, compared to its average volume of 4,531,359. The stock has a market cap of $24.57 billion, a P/E ratio of 3,690.68 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a one year low of $80.55 and a one year high of $82.60. The stock has a 50 day simple moving average of $81.52 and a 200-day simple moving average of $81.56.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a dividend of $0.2705 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.25 dividend on an annualized basis and a yield of 4.00%.

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.