Avidian Wealth Solutions LLC Makes New $326,000 Investment in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Avidian Wealth Solutions LLC purchased a new stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 2,959 shares of the company’s stock, valued at approximately $326,000.

A number of other institutional investors also recently modified their holdings of the business. Morgan Stanley grew its holdings in iShares Short Treasury Bond ETF by 0.4% during the 3rd quarter. Morgan Stanley now owns 7,544,605 shares of the company’s stock valued at $833,453,000 after buying an additional 29,786 shares in the last quarter. Gateway Advisory LLC increased its holdings in iShares Short Treasury Bond ETF by 6.8% during the 3rd quarter. Gateway Advisory LLC now owns 1,654,317 shares of the company’s stock worth $182,752,000 after acquiring an additional 105,580 shares during the period. Anchor Capital Advisors LLC lifted its stake in iShares Short Treasury Bond ETF by 282.1% in the 3rd quarter. Anchor Capital Advisors LLC now owns 1,512,931 shares of the company’s stock worth $167,133,000 after purchasing an additional 1,116,959 shares in the last quarter. Truist Financial Corp boosted its holdings in iShares Short Treasury Bond ETF by 25.4% in the 4th quarter. Truist Financial Corp now owns 1,512,329 shares of the company’s stock valued at $166,553,000 after purchasing an additional 306,437 shares during the period. Finally, LPL Financial LLC grew its position in shares of iShares Short Treasury Bond ETF by 10.5% during the 3rd quarter. LPL Financial LLC now owns 1,439,607 shares of the company’s stock valued at $159,033,000 after purchasing an additional 136,851 shares in the last quarter. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Trading Up 0.0 %

Shares of SHV stock opened at $110.13 on Tuesday. iShares Short Treasury Bond ETF has a 52-week low of $109.85 and a 52-week high of $110.60. The business’s fifty day moving average is $110.29 and its 200 day moving average is $110.28.

iShares Short Treasury Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd will be issued a $0.4637 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $5.56 annualized dividend and a dividend yield of 5.05%.

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.