HB Wealth Management LLC Purchases 21,861 Shares of iShares Short Treasury Bond ETF $SHV

HB Wealth Management LLC boosted its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 112.5% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 41,298 shares of the company’s stock after purchasing an additional 21,861 shares during the period. HB Wealth Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $4,563,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Elevation Point Wealth Partners LLC acquired a new stake in shares of iShares Short Treasury Bond ETF during the second quarter worth about $55,000. Atlantic Union Bankshares Corp bought a new stake in iShares Short Treasury Bond ETF during the 2nd quarter worth approximately $56,000. Highline Wealth Partners LLC raised its holdings in iShares Short Treasury Bond ETF by 355.8% during the 3rd quarter. Highline Wealth Partners LLC now owns 515 shares of the company’s stock worth $57,000 after buying an additional 402 shares during the period. Asset Dedication LLC lifted its stake in iShares Short Treasury Bond ETF by 596.0% in the second quarter. Asset Dedication LLC now owns 696 shares of the company’s stock valued at $77,000 after buying an additional 596 shares in the last quarter. Finally, PMV Capital Advisers LLC bought a new position in iShares Short Treasury Bond ETF in the second quarter valued at approximately $100,000. 7.10% of the stock is owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Price Performance

Shares of SHV stock opened at $110.25 on Friday. iShares Short Treasury Bond ETF has a 12-month low of $110.02 and a 12-month high of $110.51. The firm has a fifty day moving average of $110.23 and a 200-day moving average of $110.28.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a $0.3569 dividend. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 3.9%.

iShares Short Treasury Bond ETF Profile

iShares Short Treasury Bond ETF (the Fund), formerly iShares Barclays Short Treasury Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond to the price and yield performance of the Barclays Capital U.S. Short Treasury Bond Index (the Index). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of between 1 and 12 months. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.