Modern Wealth Management LLC Grows Stake in iShares Short Treasury Bond ETF $SHV

Modern Wealth Management LLC raised its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 10.7% in the third quarter, Holdings Channel reports. The institutional investor owned 261,506 shares of the company’s stock after acquiring an additional 25,318 shares during the period. Modern Wealth Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $28,894,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Avalon Capital Management lifted its position in shares of iShares Short Treasury Bond ETF by 33.6% during the 2nd quarter. Avalon Capital Management now owns 51,938 shares of the company’s stock valued at $5,735,000 after buying an additional 13,068 shares in the last quarter. Aegis Wealth Management LLC increased its holdings in iShares Short Treasury Bond ETF by 141.8% in the 3rd quarter. Aegis Wealth Management LLC now owns 68,807 shares of the company’s stock worth $7,602,000 after acquiring an additional 40,347 shares in the last quarter. Ehrlich Financial Group boosted its position 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 worth $2,474,000 after purchasing an additional 9,414 shares during the period. Atticus Wealth Management LLC boosted its holdings in iShares Short Treasury Bond ETF by 41.0% in the 3rd quarter. Atticus Wealth Management LLC now owns 25,404 shares of the company’s stock worth $2,807,000 after buying an additional 7,388 shares during the period. Finally, Americana Partners LLC lifted its holdings in iShares Short Treasury Bond ETF by 47.7% in the 3rd 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. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Trading Up 0.0%

Shares of SHV stock opened at $110.17 on Friday. iShares Short Treasury Bond ETF has a 52 week low of $110.02 and a 52 week high of $110.50. The company’s fifty day simple moving average is $110.25 and its two-hundred 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 Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a $0.342 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, February 2nd.

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.