1,971 Shares in iShares Short Treasury Bond ETF (NASDAQ:SHV) Purchased by Howard Financial Services LTD.

Howard Financial Services LTD. bought a new position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,971 shares of the company’s stock, valued at approximately $217,000.

Other hedge funds have also recently made changes to their positions in the company. Benjamin F. Edwards & Company Inc. bought a new position in shares of iShares Short Treasury Bond ETF in the second quarter worth approximately $43,000. MidAtlantic Capital Management Inc. purchased a new stake in iShares Short Treasury Bond ETF in the third quarter worth approximately $48,000. Glass Jacobson Investment Advisors llc boosted its stake in shares of iShares Short Treasury Bond ETF by 55.5% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 454 shares of the company’s stock valued at $50,000 after purchasing an additional 162 shares in the last quarter. Abich Financial Wealth Management LLC lifted its stake in iShares Short Treasury Bond ETF by 21.7% in the second quarter. Abich Financial Wealth Management LLC now owns 718 shares of the company’s stock worth $79,000 after purchasing an additional 128 shares during the last quarter. Finally, Bristlecone Advisors LLC purchased a new position in shares of iShares Short Treasury Bond ETF in the third quarter worth about $83,000. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Price Performance

NASDAQ:SHV opened at $110.34 on Friday. The business has a 50 day moving average price of $110.22 and a 200-day moving average price of $110.30. iShares Short Treasury Bond ETF has a fifty-two week low of $109.91 and a fifty-two week high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a $0.4268 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $5.12 annualized dividend and a dividend yield of 4.64%.

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.