Meridian Wealth Management LLC Increases Stock Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Meridian Wealth Management LLC grew its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 105.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 83,130 shares of the company’s stock after purchasing an additional 42,724 shares during the period. Meridian Wealth Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $9,153,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Fortis Advisors LLC grew its holdings in iShares Short Treasury Bond ETF by 1.3% during the third quarter. Fortis Advisors LLC now owns 7,736 shares of the company’s stock worth $856,000 after acquiring an additional 99 shares during the period. Destination Wealth Management boosted its position in shares of iShares Short Treasury Bond ETF by 0.9% during the 3rd quarter. Destination Wealth Management now owns 10,667 shares of the company’s stock worth $1,180,000 after purchasing an additional 100 shares in the last quarter. KWB Wealth grew its stake in shares of iShares Short Treasury Bond ETF by 1.3% during the 4th quarter. KWB Wealth now owns 8,531 shares of the company’s stock worth $944,000 after purchasing an additional 110 shares during the period. Gladstone Institutional Advisory LLC increased its holdings in shares of iShares Short Treasury Bond ETF by 2.2% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 5,039 shares of the company’s stock valued at $555,000 after purchasing an additional 110 shares in the last quarter. Finally, Voya Financial Advisors Inc. lifted its stake in shares of iShares Short Treasury Bond ETF by 1.9% in the third quarter. Voya Financial Advisors Inc. now owns 5,867 shares of the company’s stock valued at $649,000 after purchasing an additional 111 shares during the period. 7.10% of the stock is owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Price Performance

SHV stock opened at $110.46 on Monday. The company’s 50-day moving average price is $110.26 and its 200 day moving average price is $110.32. iShares Short Treasury Bond ETF has a 52 week low of $109.91 and a 52 week high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.4033 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.