Jacobi Capital Management LLC Has $781,000 Stock Holdings in iShares Short Treasury Bond ETF $SHV

Jacobi Capital Management LLC cut its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 2.7% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,073 shares of the company’s stock after selling 193 shares during the period. Jacobi Capital Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $781,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of SHV. Marks Wealth LLC acquired a new stake in shares of iShares Short Treasury Bond ETF during the first quarter worth $155,771,000. Wealthfront Advisers LLC raised its position in shares of iShares Short Treasury Bond ETF by 108.4% during the first quarter. Wealthfront Advisers LLC now owns 1,534,178 shares of the company’s stock worth $169,465,000 after purchasing an additional 798,167 shares during the period. Oakworth Capital Inc. grew its holdings in shares of iShares Short Treasury Bond ETF by 1,523.5% during the first quarter. Oakworth Capital Inc. now owns 817,751 shares of the company’s stock valued at $90,329,000 after buying an additional 767,382 shares in the last quarter. Summit Financial LLC purchased a new position in shares of iShares Short Treasury Bond ETF during the first quarter valued at $64,786,000. Finally, Assetmark Inc. grew its holdings in shares of iShares Short Treasury Bond ETF by 1,031.3% during the first quarter. Assetmark Inc. now owns 621,766 shares of the company’s stock valued at $68,680,000 after buying an additional 566,807 shares in the last quarter. 7.10% of the stock is owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Trading Up 0.0%

Shares of SHV stock opened at $110.30 on Friday. iShares Short Treasury Bond ETF has a 1-year low of $109.91 and a 1-year high of $110.64. The stock’s fifty day simple moving average is $110.28 and its 200-day simple moving average is $110.27.

iShares Short Treasury Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, September 5th. Stockholders of record on Tuesday, September 2nd were issued a dividend of $0.3876 per share. This is a positive change from iShares Short Treasury Bond ETF’s previous dividend of $0.37. The ex-dividend date was Tuesday, September 2nd.

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.