iShares Short Treasury Bond ETF (NASDAQ:SHV) Shares Acquired by Fortis Advisors LLC

Fortis Advisors LLC increased its position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 1.3% during the third quarter, Holdings Channel reports. The fund owned 7,736 shares of the company’s stock after acquiring an additional 99 shares during the quarter. Fortis Advisors LLC’s holdings in iShares Short Treasury Bond ETF were worth $856,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SHV. Anchor Capital Advisors LLC increased its stake in shares of iShares Short Treasury Bond ETF by 116.1% during the 2nd quarter. Anchor Capital Advisors LLC now owns 971,521 shares of the company’s stock valued at $107,353,000 after acquiring an additional 521,879 shares during the last quarter. Cetera Investment Advisers raised its stake in iShares Short Treasury Bond ETF by 423.9% during the first quarter. Cetera Investment Advisers now owns 464,267 shares of the company’s stock worth $51,320,000 after purchasing an additional 375,648 shares during the period. SG Americas Securities LLC acquired a new position in shares of iShares Short Treasury Bond ETF in the 2nd quarter valued at $39,418,000. Oakworth Capital Inc. purchased a new stake in shares of iShares Short Treasury Bond ETF during the 2nd quarter valued at $31,797,000. Finally, Janney Montgomery Scott LLC acquired a new stake in shares of iShares Short Treasury Bond ETF during the 3rd quarter worth $27,104,000. 7.10% of the stock is owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Stock Up 0.0 %

Shares of SHV opened at $110.33 on Tuesday. The stock’s fifty day simple moving average is $110.37 and its 200 day simple moving average is $110.33. iShares Short Treasury Bond ETF has a twelve month low of $109.85 and a twelve month high of $110.64.

iShares Short Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a $0.4668 dividend. This represents a $5.60 dividend on an annualized basis and a dividend yield of 5.08%. This is an increase from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.47. The ex-dividend date was Friday, November 1st.

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.