Marino Stram & Associates LLC Purchases 9,756 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Marino Stram & Associates LLC grew its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 65.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,637 shares of the company’s stock after acquiring an additional 9,756 shares during the period. iShares Short Treasury Bond ETF accounts for approximately 0.6% of Marino Stram & Associates LLC’s portfolio, making the stock its 28th largest holding. Marino Stram & Associates LLC’s holdings in iShares Short Treasury Bond ETF were worth $2,713,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in SHV. Trilogy Capital Inc. lifted its holdings in iShares Short Treasury Bond ETF by 1.5% in the third quarter. Trilogy Capital Inc. now owns 6,326 shares of the company’s stock worth $700,000 after buying an additional 92 shares during the period. Fortis Advisors LLC grew its position in iShares Short Treasury Bond ETF by 1.3% in the 3rd quarter. Fortis Advisors LLC now owns 7,736 shares of the company’s stock worth $856,000 after purchasing an additional 99 shares during the period. Destination Wealth Management grew its position in iShares Short Treasury Bond ETF by 0.9% in the 3rd quarter. Destination Wealth Management now owns 10,667 shares of the company’s stock worth $1,180,000 after purchasing an additional 100 shares during the period. KWB Wealth grew its position in iShares Short Treasury Bond ETF by 1.3% in the 3rd quarter. KWB Wealth now owns 8,421 shares of the company’s stock worth $931,000 after purchasing an additional 107 shares during the period. Finally, Voya Financial Advisors Inc. grew its position in shares of iShares Short Treasury Bond ETF by 1.9% during the 3rd quarter. Voya Financial Advisors Inc. now owns 5,867 shares of the company’s stock valued at $649,000 after acquiring an additional 111 shares during the period. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

Shares of SHV stock opened at $110.36 on Thursday. The firm has a fifty day moving average price of $110.23 and a 200-day moving average price of $110.31. iShares Short Treasury Bond ETF has a 1 year low of $109.91 and a 1 year high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a dividend of $0.4268 per share. This represents a $5.12 annualized dividend and a dividend yield of 4.64%. The ex-dividend date was Wednesday, December 18th.

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.