Assetmark Inc. Purchases 23,460 Shares of iShares Short Treasury Bond ETF $SHV

Assetmark Inc. lifted its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 3.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 673,953 shares of the company’s stock after acquiring an additional 23,460 shares during the period. Assetmark Inc.’s holdings in iShares Short Treasury Bond ETF were worth $74,465,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Elevation Point Wealth Partners LLC acquired a new stake in iShares Short Treasury Bond ETF during the second quarter worth approximately $55,000. Atlantic Union Bankshares Corp bought a new position in shares of iShares Short Treasury Bond ETF during the 2nd quarter worth approximately $56,000. Highline Wealth Partners LLC grew its position in shares of 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 increased its stake in shares of iShares Short Treasury Bond ETF by 596.0% in the 2nd quarter. Asset Dedication LLC now owns 696 shares of the company’s stock valued at $77,000 after acquiring an additional 596 shares in the last quarter. Finally, Traub Capital Management LLC acquired a new position in shares of iShares Short Treasury Bond ETF during the 2nd quarter valued at $119,000. 7.10% of the stock is owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Stock Performance

NASDAQ:SHV opened at $110.22 on Friday. iShares Short Treasury Bond ETF has a 12 month low of $110.02 and a 12 month high of $110.50. The firm has a fifty day simple moving average of $110.23 and a two-hundred day simple moving average of $110.28.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a $0.342 dividend. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend was Monday, February 2nd.

About iShares Short Treasury Bond ETF

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.