Climber Capital SA Buys Shares of 96,995 iShares Short Treasury Bond ETF (NASDAQ:SHV)

Climber Capital SA purchased a new position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) in the 4th quarter, Holdings Channel reports. The firm purchased 96,995 shares of the company’s stock, valued at approximately $10,680,000. iShares Short Treasury Bond ETF accounts for about 8.2% of Climber Capital SA’s investment portfolio, making the stock its 2nd biggest holding.

A number of other hedge funds have also made changes to their positions in SHV. Destination Wealth Management grew its holdings in shares of iShares Short Treasury Bond ETF by 0.9% during the third quarter. Destination Wealth Management now owns 10,667 shares of the company’s stock valued at $1,180,000 after purchasing an additional 100 shares during the last quarter. Headlands Technologies LLC boosted its position in iShares Short Treasury Bond ETF by 3.9% during the 4th quarter. Headlands Technologies LLC now owns 2,637 shares of the company’s stock worth $290,000 after acquiring an additional 100 shares during the period. KWB Wealth boosted its position in iShares Short Treasury Bond ETF by 1.3% during the fourth quarter. KWB Wealth now owns 8,531 shares of the company’s stock valued at $944,000 after purchasing an additional 110 shares during the last quarter. Gladstone Institutional Advisory LLC lifted its stake in iShares Short Treasury Bond ETF by 2.2% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 5,039 shares of the company’s stock valued at $555,000 after acquiring an additional 110 shares during the last quarter. Finally, Voya Financial Advisors Inc. boosted its stake in shares of iShares Short Treasury Bond ETF by 1.9% during the 3rd quarter. Voya Financial Advisors Inc. now owns 5,867 shares of the company’s stock worth $649,000 after acquiring an additional 111 shares in the last quarter. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

SHV opened at $110.11 on Thursday. iShares Short Treasury Bond ETF has a 1-year low of $109.91 and a 1-year high of $110.64. The business has a 50 day moving average of $110.30 and a 200-day moving average of $110.30.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st will be paid a $0.3836 dividend. This represents a $4.60 dividend on an annualized basis and a yield of 4.18%. The ex-dividend date of this dividend is Tuesday, April 1st.

iShares Short Treasury Bond ETF 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.