Forum Financial Management LP Raises Stock Holdings in iShares Short Treasury Bond ETF $SHV

Forum Financial Management LP grew its position in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 40.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 30,628 shares of the company’s stock after acquiring an additional 8,890 shares during the quarter. Forum Financial Management LP’s holdings in iShares Short Treasury Bond ETF were worth $3,384,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of SHV. Brighton Jones LLC acquired a new stake in iShares Short Treasury Bond ETF during the 4th quarter worth $572,000. Revolve Wealth Partners LLC purchased a new position in iShares Short Treasury Bond ETF in the 4th quarter valued at $388,000. Integrity Alliance LLC. acquired a new position in iShares Short Treasury Bond ETF in the 1st quarter valued at $338,000. Belpointe Asset Management LLC purchased a new position in iShares Short Treasury Bond ETF during the 1st quarter worth $520,000. Finally, Intrua Financial LLC acquired a new stake in shares of iShares Short Treasury Bond ETF in the 1st quarter worth $245,000. 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 opened at $110.25 on Friday. iShares Short Treasury Bond ETF has a fifty-two week low of $110.02 and a fifty-two week high of $110.51. The firm’s 50-day simple moving average is $110.23 and its 200-day simple moving average is $110.28.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were issued a $0.3569 dividend. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Friday, December 19th.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.