Secure Asset Management LLC Invests $231,000 in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Secure Asset Management LLC bought a new stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 2,101 shares of the company’s stock, valued at approximately $231,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Benjamin F. Edwards & Company Inc. purchased a new position in shares of iShares Short Treasury Bond ETF in the 2nd quarter valued at $43,000. MidAtlantic Capital Management Inc. purchased a new position in shares of iShares Short Treasury Bond ETF during the third quarter worth about $48,000. Glass Jacobson Investment Advisors llc lifted its holdings 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 during the last quarter. Bristlecone Advisors LLC acquired a new stake in shares of iShares Short Treasury Bond ETF in the 3rd quarter valued at about $83,000. Finally, Beaird Harris Wealth Management LLC grew its stake in iShares Short Treasury Bond ETF by 580.5% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 1,674 shares of the company’s stock worth $185,000 after buying an additional 1,428 shares during the last quarter. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

Shares of iShares Short Treasury Bond ETF stock opened at $110.42 on Friday. The company’s fifty day moving average is $110.23 and its two-hundred day moving average is $110.32. iShares Short Treasury Bond ETF has a 1 year low of $109.91 and a 1 year high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

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

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.