Resonant Capital Advisors LLC Invests $771,000 in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Resonant Capital Advisors LLC acquired a new position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) during the 4th quarter, Holdings Channel.com reports. The fund acquired 7,000 shares of the company’s stock, valued at approximately $771,000.

Several other institutional investors also recently modified their holdings of SHV. Beaird Harris Wealth Management LLC acquired a new stake in shares of iShares Short Treasury Bond ETF during the 3rd quarter worth approximately $27,000. FWL Investment Management LLC acquired a new stake in iShares Short Treasury Bond ETF in the 4th quarter valued at $27,000. WealthShield Partners LLC boosted its stake in iShares Short Treasury Bond ETF by 78.8% in the 3rd quarter. WealthShield Partners LLC now owns 295 shares of the company’s stock valued at $33,000 after buying an additional 130 shares in the last quarter. Baystate Wealth Management LLC boosted its stake in iShares Short Treasury Bond ETF by 173.7% in the 4th quarter. Baystate Wealth Management LLC now owns 312 shares of the company’s stock valued at $34,000 after buying an additional 198 shares in the last quarter. Finally, Gradient Investments LLC acquired a new stake in iShares Short Treasury Bond ETF in the 3rd quarter valued at $40,000. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Up 0.0 %

Shares of SHV stock opened at $110.35 on Friday. The stock’s fifty day simple moving average is $110.30 and its 200 day simple moving average is $110.27. iShares Short Treasury Bond ETF has a one year low of $109.85 and a one year high of $110.60.

iShares Short Treasury Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a $0.4819 dividend. This represents a $5.78 annualized dividend and a yield of 5.24%. The ex-dividend date of this dividend was Monday, 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.