Ridgewood Investments LLC Acquires 1,314 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Ridgewood Investments LLC increased its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 2.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 65,858 shares of the company’s stock after buying an additional 1,314 shares during the quarter. iShares Short Treasury Bond ETF comprises approximately 3.5% of Ridgewood Investments LLC’s investment portfolio, making the stock its 2nd largest holding. Ridgewood Investments LLC’s holdings in iShares Short Treasury Bond ETF were worth $7,252,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Benjamin F. Edwards & Company Inc. acquired a new stake in iShares Short Treasury Bond ETF during the 2nd quarter worth $43,000. MidAtlantic Capital Management Inc. acquired a new stake in iShares Short Treasury Bond ETF during the 3rd quarter worth $48,000. Glass Jacobson Investment Advisors llc boosted its stake in iShares Short Treasury Bond ETF by 55.5% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 454 shares of the company’s stock worth $50,000 after purchasing an additional 162 shares during the last quarter. Abich Financial Wealth Management LLC boosted its stake in iShares Short Treasury Bond ETF by 21.7% during 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 iShares Short Treasury Bond ETF during the 3rd quarter worth $83,000. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Trading Up 0.0 %

Shares of SHV stock traded up $0.04 on Friday, hitting $110.24. 6,807,138 shares of the stock traded hands, compared to its average volume of 3,430,528. The firm’s 50-day moving average price is $110.21 and its two-hundred day moving average price is $110.31. iShares Short Treasury Bond ETF has a twelve month low of $109.91 and a twelve month high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a $0.4268 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $5.12 dividend on an annualized basis and a yield of 4.65%.

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.