Total Investment Management Inc. Buys New Shares in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Total Investment Management Inc. purchased a new stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 13,723 shares of the company’s stock, valued at approximately $1,511,000. iShares Short Treasury Bond ETF comprises 0.2% of Total Investment Management Inc.’s holdings, making the stock its 21st biggest position.

Several other large investors have also recently added to or reduced their stakes in SHV. Americana Partners LLC boosted its stake in iShares Short Treasury Bond ETF by 217.9% during the third quarter. Americana Partners LLC now owns 354,635 shares of the company’s stock worth $40,118,000 after buying an additional 243,084 shares in the last quarter. Institute for Wealth Management LLC. lifted its holdings in shares of iShares Short Treasury Bond ETF by 7.9% during the 4th quarter. Institute for Wealth Management LLC. now owns 36,034 shares of the company’s stock worth $3,968,000 after acquiring an additional 2,636 shares during the period. Paulson Wealth Management Inc. lifted its holdings in shares of iShares Short Treasury Bond ETF by 1.4% during the 3rd quarter. Paulson Wealth Management Inc. now owns 81,117 shares of the company’s stock worth $8,961,000 after acquiring an additional 1,089 shares during the period. Strategic Point Investment Advisors LLC boosted its position in shares of iShares Short Treasury Bond ETF by 2.1% during the 3rd quarter. Strategic Point Investment Advisors LLC now owns 170,079 shares of the company’s stock valued at $18,789,000 after acquiring an additional 3,562 shares in the last quarter. Finally, Stratos Wealth Partners LTD. increased its stake in iShares Short Treasury Bond ETF by 38.0% in the fourth quarter. Stratos Wealth Partners LTD. now owns 12,025 shares of the company’s stock valued at $1,324,000 after acquiring an additional 3,309 shares during the period. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

Shares of SHV opened at $110.45 on Friday. iShares Short Treasury Bond ETF has a 12 month low of $109.85 and a 12 month high of $110.60. The company has a 50-day moving average price of $110.31 and a two-hundred day moving average price of $110.29.

iShares Short Treasury Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued a dividend of $0.4819 per share. This represents a $5.78 annualized dividend and a dividend yield of 5.24%. The ex-dividend date was Monday, April 1st.

iShares Short Treasury Bond ETF Company 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.