Mutual Advisors LLC Has $5.96 Million Stock Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Mutual Advisors LLC raised its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 6.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 54,036 shares of the company’s stock after purchasing an additional 3,069 shares during the quarter. Mutual Advisors LLC’s holdings in iShares Short Treasury Bond ETF were worth $5,959,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Benjamin F. Edwards & Company Inc. bought a new position in shares of iShares Short Treasury Bond ETF during the 2nd quarter worth approximately $43,000. MidAtlantic Capital Management Inc. bought a new position in shares of iShares Short Treasury Bond ETF during the third quarter valued at $48,000. Glass Jacobson Investment Advisors llc boosted its stake in shares of iShares Short Treasury Bond ETF by 55.5% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 454 shares of the company’s stock valued at $50,000 after purchasing an additional 162 shares in the last quarter. Abich Financial Wealth Management LLC grew its holdings in shares of iShares Short Treasury Bond ETF by 21.7% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 718 shares of the company’s stock worth $79,000 after purchasing an additional 128 shares during the last quarter. Finally, Bristlecone Advisors LLC acquired a new stake in shares of iShares Short Treasury Bond ETF during the 3rd quarter worth about $83,000. 7.10% of the stock is owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Price Performance

Shares of SHV stock opened at $110.36 on Thursday. iShares Short Treasury Bond ETF has a 12-month low of $109.91 and a 12-month high of $110.64. The firm has a 50-day moving average price of $110.23 and a 200 day moving average price of $110.31.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.4268 dividend. This represents a $5.12 dividend on an annualized basis and a dividend yield of 4.64%. The ex-dividend date was Wednesday, December 18th.

About iShares Short Treasury Bond ETF

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.