iShares Short Treasury Bond ETF (NASDAQ:SHV) is Townsend & Associates Inc’s Largest Position

Townsend & Associates Inc raised its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 79.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 455,833 shares of the company’s stock after purchasing an additional 202,134 shares during the quarter. iShares Short Treasury Bond ETF comprises 6.3% of Townsend & Associates Inc’s holdings, making the stock its biggest position. Townsend & Associates Inc owned approximately 0.28% of iShares Short Treasury Bond ETF worth $50,347,000 as of its most recent filing with the Securities and Exchange Commission.

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

iShares Short Treasury Bond ETF Price Performance

Shares of iShares Short Treasury Bond ETF stock traded up $0.05 on Thursday, hitting $110.20. The company’s stock had a trading volume of 987,242 shares, compared to its average volume of 2,363,117. The firm has a fifty day moving average price of $110.28 and a 200-day moving average price of $110.28. iShares Short Treasury Bond ETF has a 1 year low of $109.85 and a 1 year high of $110.60.

iShares Short Treasury Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were given a dividend of $0.4637 per share. The ex-dividend date was Wednesday, May 1st. This represents a $5.56 dividend on an annualized basis and a dividend yield of 5.05%.

iShares Short Treasury Bond ETF Company 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.