Rockland Trust Co. Invests $566,000 in iShares Short Treasury Bond ETF $SHV

Rockland Trust Co. purchased a new stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 5,124 shares of the company’s stock, valued at approximately $566,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SHV. Elevation Point Wealth Partners LLC bought a new stake in iShares Short Treasury Bond ETF in the second quarter worth about $55,000. Atlantic Union Bankshares Corp purchased a new stake in shares of iShares Short Treasury Bond ETF in the second quarter worth approximately $56,000. Highline Wealth Partners LLC raised its holdings in shares of iShares Short Treasury Bond ETF by 355.8% in the third quarter. Highline Wealth Partners LLC now owns 515 shares of the company’s stock worth $57,000 after buying an additional 402 shares during the period. Asset Dedication LLC lifted its stake in shares of iShares Short Treasury Bond ETF by 596.0% during the 2nd quarter. Asset Dedication LLC now owns 696 shares of the company’s stock worth $77,000 after acquiring an additional 596 shares during the last quarter. Finally, Traub Capital Management LLC purchased a new position in iShares Short Treasury Bond ETF during the 2nd quarter valued at $119,000. 7.10% of the stock is owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Price Performance

Shares of iShares Short Treasury Bond ETF stock opened at $110.20 on Wednesday. The stock’s fifty day moving average is $110.23 and its two-hundred day moving average is $110.28. iShares Short Treasury Bond ETF has a 52 week low of $110.02 and a 52 week high of $110.50.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a $0.342 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

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