Wealth Enhancement Advisory Services LLC Purchases 2,286 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Wealth Enhancement Advisory Services LLC lifted its position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 0.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,092,649 shares of the company’s stock after buying an additional 2,286 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.63% of iShares Short Treasury Bond ETF worth $120,880,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of SHV. JPMorgan Chase & Co. increased its position in shares of iShares Short Treasury Bond ETF by 23.7% in the third quarter. JPMorgan Chase & Co. now owns 9,031,532 shares of the company’s stock valued at $999,158,000 after acquiring an additional 1,732,399 shares during the last quarter. FMR LLC increased its position in shares of iShares Short Treasury Bond ETF by 337.6% during the 3rd quarter. FMR LLC now owns 2,069,990 shares of the company’s stock worth $229,003,000 after purchasing an additional 1,596,924 shares during the last quarter. LPL Financial LLC raised its stake in shares of iShares Short Treasury Bond ETF by 4.7% during the 2nd quarter. LPL Financial LLC now owns 1,785,274 shares of the company’s stock worth $197,273,000 after purchasing an additional 80,700 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of iShares Short Treasury Bond ETF by 6.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,583,675 shares of the company’s stock valued at $174,996,000 after buying an additional 99,530 shares during the last quarter. Finally, Divergent Wealth Advisors grew its stake in shares of iShares Short Treasury Bond ETF by 5.5% in the third quarter. Divergent Wealth Advisors now owns 1,156,791 shares of the company’s stock valued at $127,976,000 after buying an additional 60,638 shares in the last quarter. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Price Performance

SHV traded up $0.03 during trading on Friday, reaching $110.23. 6,102,801 shares of the stock were exchanged, compared to its average volume of 3,339,099. The stock’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 company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.4268 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $5.12 dividend on an annualized basis and a dividend yield of 4.65%.

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.