Townsend & Associates Inc Buys 11,836 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Townsend & Associates Inc grew its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 2.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 513,563 shares of the company’s stock after purchasing an additional 11,836 shares during the quarter. iShares Short Treasury Bond ETF comprises approximately 5.8% of Townsend & Associates Inc’s holdings, making the stock its largest holding. Townsend & Associates Inc’s holdings in iShares Short Treasury Bond ETF were worth $56,674,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Whalen Wealth Management Inc. increased its position in shares of iShares Short Treasury Bond ETF by 9.5% in the 3rd quarter. Whalen Wealth Management Inc. now owns 48,398 shares of the company’s stock valued at $5,354,000 after buying an additional 4,205 shares in the last quarter. Savant Capital LLC increased its position in shares of iShares Short Treasury Bond ETF by 188.4% in the 4th quarter. Savant Capital LLC now owns 7,281 shares of the company’s stock valued at $802,000 after buying an additional 4,756 shares in the last quarter. Kestra Private Wealth Services LLC increased its position in shares of iShares Short Treasury Bond ETF by 8.4% in the 4th quarter. Kestra Private Wealth Services LLC now owns 4,247 shares of the company’s stock valued at $468,000 after buying an additional 329 shares in the last quarter. Quantinno Capital Management LP increased its position in shares of iShares Short Treasury Bond ETF by 12.0% in the 3rd quarter. Quantinno Capital Management LP now owns 2,802 shares of the company’s stock valued at $310,000 after buying an additional 300 shares in the last quarter. Finally, Signaturefd LLC increased its position in shares of iShares Short Treasury Bond ETF by 6.0% in the 3rd quarter. Signaturefd LLC now owns 2,963 shares of the company’s stock valued at $328,000 after buying an additional 169 shares in the last quarter. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

SHV opened at $110.36 on Friday. iShares Short Treasury Bond ETF has a 12 month low of $109.91 and a 12 month high of $110.64. The company has a fifty day simple moving average of $110.22 and a 200 day simple moving average of $110.31.

iShares Short Treasury Bond ETF Cuts Dividend

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