Morris Financial Concepts Inc. Has $7.29 Million Stock Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Morris Financial Concepts Inc. increased its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 5.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 66,215 shares of the company’s stock after acquiring an additional 3,596 shares during the period. iShares Short Treasury Bond ETF comprises approximately 3.1% of Morris Financial Concepts Inc.’s holdings, making the stock its 8th largest holding. Morris Financial Concepts Inc.’s holdings in iShares Short Treasury Bond ETF were worth $7,291,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Howard Bailey Securities LLC acquired a new position in iShares Short Treasury Bond ETF during the 4th quarter worth about $268,000. Stanley Laman Group Ltd. lifted its position in iShares Short Treasury Bond ETF by 26.7% during the 4th quarter. Stanley Laman Group Ltd. now owns 3,170 shares of the company’s stock valued at $349,000 after purchasing an additional 669 shares during the period. Values First Advisors Inc. lifted its position in iShares Short Treasury Bond ETF by 294.2% during the 4th quarter. Values First Advisors Inc. now owns 1,490 shares of the company’s stock valued at $164,000 after purchasing an additional 1,112 shares during the period. Gladstone Institutional Advisory LLC lifted its position in iShares Short Treasury Bond ETF by 2.2% during the 4th quarter. Gladstone Institutional Advisory LLC now owns 5,039 shares of the company’s stock valued at $555,000 after purchasing an additional 110 shares during the period. Finally, Leavell Investment Management Inc. lifted its position in iShares Short Treasury Bond ETF by 1.9% during the 4th quarter. Leavell Investment Management Inc. now owns 7,616 shares of the company’s stock valued at $839,000 after purchasing an additional 144 shares during the period. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Stock Performance

iShares Short Treasury Bond ETF stock opened at $110.20 on Thursday. iShares Short Treasury Bond ETF has a 1 year low of $109.91 and a 1 year high of $110.64. The company’s 50-day moving average is $110.22 and its two-hundred day moving average is $110.31.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a dividend of $0.4033 per share. The ex-dividend date of this dividend 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.