GM Advisory Group LLC Buys 54,799 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

GM Advisory Group LLC lifted its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 12.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 491,275 shares of the company’s stock after purchasing an additional 54,799 shares during the period. iShares Short Treasury Bond ETF accounts for about 3.0% of GM Advisory Group LLC’s portfolio, making the stock its 8th largest holding. GM Advisory Group LLC’s holdings in iShares Short Treasury Bond ETF were worth $54,094,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Whalen Wealth Management Inc. boosted its holdings in shares of iShares Short Treasury Bond ETF by 9.5% during the 3rd quarter. Whalen Wealth Management Inc. now owns 48,398 shares of the company’s stock worth $5,354,000 after purchasing an additional 4,205 shares during the last quarter. Savant Capital LLC boosted its holdings in shares of iShares Short Treasury Bond ETF by 188.4% during the 4th quarter. Savant Capital LLC now owns 7,281 shares of the company’s stock worth $802,000 after purchasing an additional 4,756 shares during the last quarter. Kestra Private Wealth Services LLC boosted its holdings in shares of iShares Short Treasury Bond ETF by 8.4% during the 4th quarter. Kestra Private Wealth Services LLC now owns 4,247 shares of the company’s stock worth $468,000 after purchasing an additional 329 shares during the last quarter. Quantinno Capital Management LP boosted its holdings in shares of iShares Short Treasury Bond ETF by 12.0% during the 3rd quarter. Quantinno Capital Management LP now owns 2,802 shares of the company’s stock worth $310,000 after purchasing an additional 300 shares during the last quarter. Finally, Concord Wealth Partners boosted its holdings in shares of iShares Short Treasury Bond ETF by 42.7% during the 4th quarter. Concord Wealth Partners now owns 262,285 shares of the company’s stock worth $28,880,000 after purchasing an additional 78,521 shares during the last quarter. 7.10% of the stock is currently owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Stock Performance

Shares of iShares Short Treasury Bond ETF stock opened at $110.30 on Wednesday. iShares Short Treasury Bond ETF has a 1-year low of $109.91 and a 1-year high of $110.64. The stock’s 50 day simple moving average is $110.28 and its 200-day simple moving average is $110.29.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a $0.3579 dividend. The ex-dividend date of this dividend was Monday, March 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.