Secure Asset Management LLC Invests $231,000 in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Secure Asset Management LLC bought a new stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 2,101 shares of the company’s stock, valued at approximately $231,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SHV. JPMorgan Chase & Co. raised its holdings in iShares Short Treasury Bond ETF by 23.7% in the third quarter. JPMorgan Chase & Co. now owns 9,031,532 shares of the company’s stock valued at $999,158,000 after acquiring an additional 1,732,399 shares in the last quarter. FMR LLC raised its stake in shares of iShares Short Treasury Bond ETF by 337.6% in the 3rd quarter. FMR LLC now owns 2,069,990 shares of the company’s stock valued at $229,003,000 after purchasing an additional 1,596,924 shares in the last quarter. Divergent Wealth Advisors grew its stake in iShares Short Treasury Bond ETF by 5.5% in the third quarter. Divergent Wealth Advisors now owns 1,156,791 shares of the company’s stock worth $127,976,000 after purchasing an additional 60,638 shares in the last quarter. Stifel Financial Corp increased its holdings in iShares Short Treasury Bond ETF by 5.2% in the third quarter. Stifel Financial Corp now owns 599,055 shares of the company’s stock valued at $66,274,000 after buying an additional 29,814 shares during the last quarter. Finally, Cynosure Group LLC raised its stake in iShares Short Treasury Bond ETF by 3.2% during the third quarter. Cynosure Group LLC now owns 560,749 shares of the company’s stock valued at $62,036,000 after buying an additional 17,145 shares in the last quarter. 7.10% of the stock is currently owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Price Performance

SHV stock opened at $110.42 on Friday. The stock’s 50 day simple moving average is $110.23 and its 200 day simple moving average is $110.32. iShares Short Treasury Bond ETF has a 12-month low of $109.91 and a 12-month high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

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

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.