Patten & Patten Inc. TN Takes $235,000 Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Patten & Patten Inc. TN purchased a new stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 2,125 shares of the company’s stock, valued at approximately $235,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Crewe Advisors LLC acquired a new position in iShares Short Treasury Bond ETF during the 4th quarter worth approximately $27,000. J.Safra Asset Management Corp boosted its holdings in shares of iShares Short Treasury Bond ETF by 78.6% in the 1st quarter. J.Safra Asset Management Corp now owns 250 shares of the company’s stock valued at $28,000 after buying an additional 110 shares during the last quarter. Cape Investment Advisory Inc. acquired a new stake in shares of iShares Short Treasury Bond ETF in the 4th quarter valued at approximately $30,000. Baystate Wealth Management LLC boosted its holdings in shares of iShares Short Treasury Bond ETF by 173.7% in the 4th quarter. Baystate Wealth Management LLC now owns 312 shares of the company’s stock valued at $34,000 after buying an additional 198 shares during the last quarter. Finally, Princeton Global Asset Management LLC acquired a new stake in shares of iShares Short Treasury Bond ETF in the 4th quarter valued at approximately $45,000. 7.10% of the stock is owned by institutional investors.

iShares Short Treasury Bond ETF Trading Up 0.0 %

Shares of NASDAQ SHV traded up $0.02 during trading hours on Tuesday, hitting $110.42. The company had a trading volume of 436,426 shares, compared to its average volume of 2,387,466. iShares Short Treasury Bond ETF has a 1-year low of $109.85 and a 1-year high of $110.60. The firm’s 50 day moving average is $110.29 and its 200-day moving average is $110.30.

iShares Short Treasury Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 5th. Stockholders of record on Monday, July 1st were issued a $0.4662 dividend. This represents a $5.59 annualized dividend and a dividend yield of 5.07%. The ex-dividend date of this dividend was Monday, July 1st.

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.