Thomas J. Herzfeld Advisors Inc. Purchases New Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Thomas J. Herzfeld Advisors Inc. purchased a new stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 25,000 shares of the company’s stock, valued at approximately $2,764,000. iShares Short Treasury Bond ETF comprises 1.0% of Thomas J. Herzfeld Advisors Inc.’s holdings, making the stock its 26th largest holding.

Other hedge funds have also modified their holdings of the company. LifePlan Financial Group Inc increased its stake in iShares Short Treasury Bond ETF by 393.5% in the 1st quarter. LifePlan Financial Group Inc now owns 227 shares of the company’s stock valued at $25,000 after buying an additional 181 shares during the last quarter. Osborn Williams & Donohoe LLC acquired a new stake in iShares Short Treasury Bond ETF in the 1st quarter valued at $26,000. Bray Capital Advisors acquired a new stake in iShares Short Treasury Bond ETF in the 1st quarter valued at $30,000. Pinnacle Bank acquired a new stake in iShares Short Treasury Bond ETF in the 4th quarter valued at $39,000. Finally, GWM Advisors LLC grew its position in shares of iShares Short Treasury Bond ETF by 4,147.1% in the 1st quarter. GWM Advisors LLC now owns 101,505 shares of the company’s stock valued at $41,000 after acquiring an additional 99,115 shares during the period.

Shares of SHV traded up $0.02 during midday trading on Thursday, reaching $110.53. The stock had a trading volume of 2,256 shares, compared to its average volume of 2,612,611. iShares Short Treasury Bond ETF has a one year low of $110.07 and a one year high of $110.61.

The company also recently disclosed a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Tuesday, June 4th were given a $0.221 dividend. This represents a $2.65 dividend on an annualized basis and a dividend yield of 2.40%. The ex-dividend date was Monday, June 3rd. This is an increase from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.22.

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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.

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Institutional Ownership by Quarter for iShares Short Treasury Bond ETF (NASDAQ:SHV)

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