Mutual Advisors LLC Acquires 3,069 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Mutual Advisors LLC lifted its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 6.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 54,036 shares of the company’s stock after purchasing an additional 3,069 shares during the quarter. Mutual Advisors LLC’s holdings in iShares Short Treasury Bond ETF were worth $5,959,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its position in iShares Short Treasury Bond ETF by 23.7% in the 3rd 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 grew its stake in shares of iShares Short Treasury Bond ETF by 337.6% during the third 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 during the last quarter. Janney Montgomery Scott LLC bought a new position in iShares Short Treasury Bond ETF in the 3rd quarter worth approximately $27,104,000. Presidio Capital Management LLC acquired a new stake in shares of iShares Short Treasury Bond ETF in the 3rd quarter valued at $15,477,000. Finally, Flow Traders U.S. LLC bought a new stake in shares of iShares Short Treasury Bond ETF during the third quarter worth $14,200,000. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

Shares of SHV opened at $110.36 on Thursday. The stock’s fifty day simple moving average is $110.23 and its 200-day simple moving average is $110.31. 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 firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.4268 per share. The ex-dividend date 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 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.