Savvy Advisors Inc. Has $1.33 Million Holdings in iShares Short Treasury Bond ETF $SHV

Savvy Advisors Inc. increased its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 487.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,088 shares of the company’s stock after acquiring an additional 10,031 shares during the period. Savvy Advisors Inc.’s holdings in iShares Short Treasury Bond ETF were worth $1,332,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Bank of America Corp DE raised its holdings in shares of iShares Short Treasury Bond ETF by 0.7% in the 3rd quarter. Bank of America Corp DE now owns 3,195,036 shares of the company’s stock worth $353,020,000 after acquiring an additional 22,622 shares during the last quarter. UBS Group AG increased its stake in iShares Short Treasury Bond ETF by 11.3% in the 3rd quarter. UBS Group AG now owns 2,154,863 shares of the company’s stock valued at $238,091,000 after buying an additional 219,146 shares during the last quarter. Wealthfront Advisers LLC increased its stake in iShares Short Treasury Bond ETF by 10.0% in the 3rd quarter. Wealthfront Advisers LLC now owns 1,960,677 shares of the company’s stock valued at $216,635,000 after buying an additional 177,915 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in iShares Short Treasury Bond ETF by 8.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,630,567 shares of the company’s stock valued at $179,672,000 after buying an additional 126,707 shares during the last quarter. Finally, Raymond James Financial Inc. increased its stake in iShares Short Treasury Bond ETF by 11.3% in the 2nd quarter. Raymond James Financial Inc. now owns 1,576,192 shares of the company’s stock valued at $174,043,000 after buying an additional 160,138 shares during the last quarter. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Trading Up 0.0%

NASDAQ:SHV opened at $110.13 on Tuesday. iShares Short Treasury Bond ETF has a 52 week low of $110.02 and a 52 week high of $110.50. The firm has a 50-day moving average price of $110.25 and a two-hundred day moving average price of $110.27.

iShares Short Treasury Bond ETF Cuts Dividend

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

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.