iShares Short Treasury Bond ETF (NASDAQ:SHV) Stake Increased by KWB Wealth

KWB Wealth boosted its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 1.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,531 shares of the company’s stock after purchasing an additional 110 shares during the quarter. KWB Wealth’s holdings in iShares Short Treasury Bond ETF were worth $944,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in SHV. Benjamin F. Edwards & Company Inc. acquired a new position in iShares Short Treasury Bond ETF in the second quarter worth $43,000. MidAtlantic Capital Management Inc. acquired a new position in iShares Short Treasury Bond ETF in the third quarter worth $48,000. Glass Jacobson Investment Advisors llc boosted its holdings in shares of iShares Short Treasury Bond ETF by 55.5% during the third quarter. Glass Jacobson Investment Advisors llc now owns 454 shares of the company’s stock valued at $50,000 after acquiring an additional 162 shares during the period. Abich Financial Wealth Management LLC boosted its holdings in shares of iShares Short Treasury Bond ETF by 21.7% during the second quarter. Abich Financial Wealth Management LLC now owns 718 shares of the company’s stock valued at $79,000 after acquiring an additional 128 shares during the period. Finally, Bristlecone Advisors LLC acquired a new position in shares of iShares Short Treasury Bond ETF during the third quarter valued at $83,000. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

Shares of SHV opened at $110.25 on Tuesday. iShares Short Treasury Bond ETF has a 1 year low of $109.91 and a 1 year high of $110.64. The firm has a fifty day moving average of $110.22 and a 200-day moving average of $110.31.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.4268 per share. This represents a $5.12 annualized dividend and a dividend yield of 4.65%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.