Fiduciary Financial Group LLC Has $1.77 Million Stock Position in iShares Short Treasury Bond ETF $SHV

Fiduciary Financial Group LLC lifted its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 155.7% during the 4th quarter, Holdings Channel reports. The firm owned 16,081 shares of the company’s stock after acquiring an additional 9,793 shares during the period. Fiduciary Financial Group LLC’s holdings in iShares Short Treasury Bond ETF were worth $1,771,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in SHV. JPL Wealth Management LLC acquired a new position in iShares Short Treasury Bond ETF in the third quarter valued at about $26,000. Elevation Point Wealth Partners LLC bought a new position in iShares Short Treasury Bond ETF during the second quarter worth about $55,000. Highline Wealth Partners LLC grew its position in shares of iShares Short Treasury Bond ETF by 355.8% during the 3rd 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 increased its stake in shares of iShares Short Treasury Bond ETF by 596.0% in the 2nd quarter. Asset Dedication LLC now owns 696 shares of the company’s stock valued at $77,000 after acquiring an additional 596 shares during the last quarter. Finally, Aventura Private Wealth LLC bought a new stake in shares of iShares Short Treasury Bond ETF in the 4th quarter valued at about $94,000. 7.10% of the stock is owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Trading Up 0.0%

Shares of NASDAQ:SHV opened at $110.31 on Wednesday. The firm’s 50 day simple moving average is $110.26 and its 200 day simple moving average is $110.27. iShares Short Treasury Bond ETF has a fifty-two week low of $110.02 and a fifty-two week high of $110.50.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a $0.342 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a 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.