Commonwealth Equity Services LLC Boosts Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Commonwealth Equity Services LLC raised its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 64.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 270,496 shares of the company’s stock after acquiring an additional 105,838 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares Short Treasury Bond ETF were worth $29,784,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SHV. MidAtlantic Capital Management Inc. purchased a new position in iShares Short Treasury Bond ETF during the third quarter valued at $48,000. Glass Jacobson Investment Advisors llc lifted its stake 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 worth $50,000 after buying an additional 162 shares in the last quarter. Synergy Asset Management LLC purchased a new position in shares of iShares Short Treasury Bond ETF in the fourth quarter worth about $51,000. Kestra Investment Management LLC purchased a new position in shares of iShares Short Treasury Bond ETF in the fourth quarter worth about $97,000. Finally, Values First Advisors Inc. lifted its stake in shares of iShares Short Treasury Bond ETF by 294.2% in the fourth quarter. Values First Advisors Inc. now owns 1,490 shares of the company’s stock worth $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 $110.29 on Friday. The company’s 50-day moving average price is $110.28 and its 200-day moving average price is $110.30. 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 firm also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.3579 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.