TCP Asset Management LLC Makes New Investment in iShares Short Treasury Bond ETF (NASDAQ:SHV)

TCP Asset Management LLC acquired a new position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 4,540 shares of the company’s stock, valued at approximately $502,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Northland Capital Management LLC boosted its position in shares of iShares Short Treasury Bond ETF by 3.3% in the 1st quarter. Northland Capital Management LLC now owns 3,495 shares of the company’s stock valued at $386,000 after purchasing an additional 113 shares during the period. Quattro Financial Advisors LLC boosted its position in shares of iShares Short Treasury Bond ETF by 57,517.3% in the 1st quarter. Quattro Financial Advisors LLC now owns 63,379 shares of the company’s stock valued at $7,006,000 after purchasing an additional 63,269 shares during the period. Morris Financial Concepts Inc. boosted its position in shares of iShares Short Treasury Bond ETF by 2.1% in the 1st quarter. Morris Financial Concepts Inc. now owns 51,263 shares of the company’s stock valued at $5,667,000 after purchasing an additional 1,073 shares during the period. Diversified Trust Co acquired a new stake in shares of iShares Short Treasury Bond ETF in the 1st quarter valued at about $366,000. Finally, Fifth Third Securities Inc. boosted its position in shares of iShares Short Treasury Bond ETF by 7.8% in the 1st quarter. Fifth Third Securities Inc. now owns 46,113 shares of the company’s stock valued at $5,097,000 after purchasing an additional 3,346 shares during the period. 7.10% of the stock is owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Stock Up 0.0 %

Shares of NASDAQ SHV traded up $0.03 during trading hours on Wednesday, reaching $110.10. The stock had a trading volume of 1,810,054 shares, compared to its average volume of 2,400,463. iShares Short Treasury Bond ETF has a fifty-two week low of $109.85 and a fifty-two week high of $110.60. The firm has a 50-day moving average of $110.29 and a 200-day moving average of $110.28.

iShares Short Treasury Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, July 5th. Investors of record on Monday, July 1st will be given a $0.4662 dividend. The ex-dividend date is Monday, July 1st. This represents a $5.59 dividend on an annualized basis and a dividend yield of 5.08%.

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.