iShares Short Treasury Bond ETF (NASDAQ:SHV) Stock Position Raised by MGB Wealth Management LLC

MGB Wealth Management LLC lifted its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 140.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,370 shares of the company’s stock after purchasing an additional 3,137 shares during the period. MGB Wealth Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $591,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of SHV. MidAtlantic Capital Management Inc. purchased a new stake in shares of iShares Short Treasury Bond ETF in the 3rd quarter valued at approximately $48,000. Glass Jacobson Investment Advisors llc lifted its holdings in shares of iShares Short Treasury Bond ETF by 55.5% in the third 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. Synergy Asset Management LLC purchased a new stake in shares of iShares Short Treasury Bond ETF in the fourth quarter valued at $51,000. Bristlecone Advisors LLC acquired a new stake in shares of iShares Short Treasury Bond ETF in the third quarter worth $83,000. Finally, Values First Advisors Inc. grew its holdings in shares of iShares Short Treasury Bond ETF by 294.2% during the fourth quarter. Values First Advisors Inc. now owns 1,490 shares of the company’s stock valued at $164,000 after buying an additional 1,112 shares in the last quarter. 7.10% of the stock is owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Price Performance

NASDAQ:SHV opened at $110.20 on Thursday. The business’s fifty day moving average price is $110.22 and its 200 day moving average price is $110.31. 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 dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.4033 dividend. The ex-dividend date was Monday, February 3rd.

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.