Able Wealth Management LLC Invests $19.42 Million in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Able Wealth Management LLC purchased a new stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 176,323 shares of the company’s stock, valued at approximately $19,418,000. iShares Short Treasury Bond ETF accounts for 17.6% of Able Wealth Management LLC’s investment portfolio, making the stock its largest position. Able Wealth Management LLC owned 0.11% of iShares Short Treasury Bond ETF at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of SHV. Beaird Harris Wealth Management LLC purchased a new position in iShares Short Treasury Bond ETF during the 3rd quarter valued at about $27,000. Crewe Advisors LLC purchased a new position in iShares Short Treasury Bond ETF during the fourth quarter valued at approximately $27,000. Cape Investment Advisory Inc. bought a new position in iShares Short Treasury Bond ETF in the fourth quarter worth approximately $30,000. Baystate Wealth Management LLC lifted its holdings in iShares Short Treasury Bond ETF by 173.7% during the fourth quarter. Baystate Wealth Management LLC now owns 312 shares of the company’s stock worth $34,000 after buying an additional 198 shares during the period. Finally, Princeton Global Asset Management LLC bought a new stake in iShares Short Treasury Bond ETF during the 4th quarter valued at $45,000. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Trading Up 0.0 %

Shares of NASDAQ:SHV traded up $0.05 on Friday, reaching $110.28. The company had a trading volume of 1,732,471 shares, compared to its average volume of 2,351,581. iShares Short Treasury Bond ETF has a 52-week low of $109.85 and a 52-week high of $110.60. The firm’s 50 day simple moving average is $110.27 and its 200-day simple moving average is $110.27.

iShares Short Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were issued a $0.4723 dividend. The ex-dividend date was Monday, June 3rd. This represents a $5.67 dividend on an annualized basis and a yield of 5.14%.

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.