Sage Financial Group Inc. Buys New Shares in iShares Short Treasury Bond ETF $SHV

Sage Financial Group Inc. purchased a new position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 3,200 shares of the company’s stock, valued at approximately $353,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SHV. Brighton Jones LLC purchased a new position in shares of iShares Short Treasury Bond ETF during the 4th quarter valued at about $572,000. Revolve Wealth Partners LLC purchased a new stake in iShares Short Treasury Bond ETF in the fourth quarter worth approximately $388,000. Perennial Advisors LLC bought a new position in iShares Short Treasury Bond ETF during the first quarter valued at approximately $1,177,000. Miracle Mile Advisors LLC grew its position in iShares Short Treasury Bond ETF by 52.4% during the first quarter. Miracle Mile Advisors LLC now owns 29,930 shares of the company’s stock valued at $3,306,000 after acquiring an additional 10,293 shares during the last quarter. Finally, Greenspring Advisors LLC raised its stake in shares of iShares Short Treasury Bond ETF by 9.5% during the first quarter. Greenspring Advisors LLC now owns 17,355 shares of the company’s stock worth $1,917,000 after acquiring an additional 1,509 shares in the last quarter. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Stock Performance

Shares of SHV opened at $110.20 on Monday. iShares Short Treasury Bond ETF has a fifty-two week low of $109.91 and a fifty-two week high of $110.57. The firm has a 50 day moving average price of $110.31 and a 200-day moving average price of $110.28.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st will be given a dividend of $0.3674 per share. The ex-dividend date is Wednesday, October 1st.

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.