Forum Financial Management LP Has $3.43 Million Stock Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Forum Financial Management LP raised its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 24.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 31,184 shares of the company’s stock after buying an additional 6,069 shares during the period. Forum Financial Management LP’s holdings in iShares Short Treasury Bond ETF were worth $3,434,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Savant Capital LLC grew its position in iShares Short Treasury Bond ETF by 188.4% during the fourth quarter. Savant Capital LLC now owns 7,281 shares of the company’s stock valued at $802,000 after buying an additional 4,756 shares during the period. Kestra Private Wealth Services LLC raised its stake in shares of iShares Short Treasury Bond ETF by 8.4% in the fourth quarter. Kestra Private Wealth Services LLC now owns 4,247 shares of the company’s stock valued at $468,000 after buying an additional 329 shares during the period. Concord Wealth Partners grew its stake in shares of iShares Short Treasury Bond ETF by 42.7% during the 4th quarter. Concord Wealth Partners now owns 262,285 shares of the company’s stock worth $28,880,000 after acquiring an additional 78,521 shares during the period. Calamos Wealth Management LLC increased its holdings in iShares Short Treasury Bond ETF by 30.9% in the 4th quarter. Calamos Wealth Management LLC now owns 64,613 shares of the company’s stock worth $7,115,000 after acquiring an additional 15,271 shares during the last quarter. Finally, Argent Advisors Inc. raised its stake in iShares Short Treasury Bond ETF by 96.1% in the 4th quarter. Argent Advisors Inc. now owns 19,068 shares of the company’s stock valued at $2,100,000 after acquiring an additional 9,342 shares during the period. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Trading Up 0.0 %

SHV opened at $110.34 on Friday. The firm has a 50-day moving average price of $110.27 and a 200-day moving average price of $110.27. 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 Friday, April 4th. Shareholders of record on Tuesday, April 1st were paid a $0.3836 dividend. The ex-dividend date was Tuesday, April 1st. This represents a $4.60 annualized dividend and a yield of 4.17%.

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.