MAI Capital Management Increases Position in iShares Short Treasury Bond ETF $SHV

MAI Capital Management increased its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 33.5% in the third quarter, according to its most recent filing with the SEC. The fund owned 58,401 shares of the company’s stock after acquiring an additional 14,668 shares during the period. MAI Capital Management’s holdings in iShares Short Treasury Bond ETF were worth $6,453,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of SHV. Avalon Capital Management grew its stake in iShares Short Treasury Bond ETF by 33.6% in the 2nd quarter. Avalon Capital Management now owns 51,938 shares of the company’s stock worth $5,735,000 after acquiring an additional 13,068 shares in the last quarter. Aegis Wealth Management LLC raised its stake in shares of iShares Short Treasury Bond ETF by 141.8% during the third quarter. Aegis Wealth Management LLC now owns 68,807 shares of the company’s stock valued at $7,602,000 after acquiring an additional 40,347 shares in the last quarter. Ehrlich Financial Group boosted its holdings in shares of iShares Short Treasury Bond ETF by 72.6% in the third quarter. Ehrlich Financial Group now owns 22,389 shares of the company’s stock valued at $2,474,000 after purchasing an additional 9,414 shares during the period. Atticus Wealth Management LLC grew its stake in iShares Short Treasury Bond ETF by 41.0% in the third quarter. Atticus Wealth Management LLC now owns 25,404 shares of the company’s stock worth $2,807,000 after purchasing an additional 7,388 shares in the last quarter. Finally, Americana Partners LLC grew its stake in iShares Short Treasury Bond ETF by 47.7% in the third quarter. Americana Partners LLC now owns 492,204 shares of the company’s stock worth $54,384,000 after purchasing an additional 158,928 shares in the last quarter. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Up 0.0%

Shares of NASDAQ SHV opened at $110.37 on Friday. The business has a fifty day simple moving average of $110.24 and a two-hundred day simple moving average of $110.29. iShares Short Treasury Bond ETF has a twelve month low of $110.02 and a twelve month high of $110.50.

iShares Short Treasury Bond ETF Cuts Dividend

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

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.