Robinson Value Management Ltd. Has $3.81 Million Position in iShares Short Treasury Bond ETF $SHV

Robinson Value Management Ltd. raised its position in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 2,084.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 34,628 shares of the company’s stock after purchasing an additional 33,043 shares during the period. iShares Short Treasury Bond ETF makes up about 2.1% of Robinson Value Management Ltd.’s investment portfolio, making the stock its 18th biggest holding. Robinson Value Management Ltd.’s holdings in iShares Short Treasury Bond ETF were worth $3,814,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Bank of America Corp DE boosted its position in shares of iShares Short Treasury Bond ETF by 0.7% during the third quarter. Bank of America Corp DE now owns 3,195,036 shares of the company’s stock worth $353,020,000 after purchasing an additional 22,622 shares in the last quarter. UBS Group AG increased its position in shares of iShares Short Treasury Bond ETF by 11.3% in the 3rd quarter. UBS Group AG now owns 2,154,863 shares of the company’s stock valued at $238,091,000 after buying an additional 219,146 shares in the last quarter. Wealthfront Advisers LLC increased its position in shares of iShares Short Treasury Bond ETF by 10.0% in the 3rd quarter. Wealthfront Advisers LLC now owns 1,960,677 shares of the company’s stock valued at $216,635,000 after buying an additional 177,915 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in iShares Short Treasury Bond ETF by 8.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,630,567 shares of the company’s stock worth $179,672,000 after buying an additional 126,707 shares during the period. Finally, Raymond James Financial Inc. raised its stake in iShares Short Treasury Bond ETF by 11.3% during the 2nd quarter. Raymond James Financial Inc. now owns 1,576,192 shares of the company’s stock worth $174,043,000 after buying an additional 160,138 shares during the period. 7.10% of the stock is currently owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Trading Up 0.0%

SHV stock opened at $110.32 on Thursday. iShares Short Treasury Bond ETF has a 1-year low of $110.02 and a 1-year high of $110.50. The business’s 50-day moving average price is $110.26 and its two-hundred day moving average price is $110.27.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.342 per share. The ex-dividend date of this dividend 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 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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.