SBI Securities Co. Ltd. Makes New $4.55 Million Investment in iShares Short Treasury Bond ETF (NASDAQ:SHV)

SBI Securities Co. Ltd. purchased a new stake 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 (SEC). The fund purchased 41,341 shares of the company’s stock, valued at approximately $4,552,000.

A number of other hedge funds also recently made changes to their positions in the business. MidAtlantic Capital Management Inc. bought a new stake in iShares Short Treasury Bond ETF during the 3rd quarter valued at $48,000. Glass Jacobson Investment Advisors llc raised its stake in shares of iShares Short Treasury Bond ETF by 55.5% during the third 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. Synergy Asset Management LLC acquired a new stake in iShares Short Treasury Bond ETF in the fourth quarter worth about $51,000. Kestra Investment Management LLC bought a new position in iShares Short Treasury Bond ETF in the 4th quarter valued at about $97,000. Finally, Values First Advisors Inc. increased its stake in iShares Short Treasury Bond ETF by 294.2% during the 4th quarter. Values First Advisors Inc. now owns 1,490 shares of the company’s stock valued at $164,000 after buying an additional 1,112 shares during the period. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

SHV stock opened at $110.46 on Friday. The firm’s 50-day moving average is $110.26 and its two-hundred day moving average 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 announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a dividend of $0.4033 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.