Fonville Wealth Management LLC Boosts Stake in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Fonville Wealth Management LLC lifted its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 7.9% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 2,600 shares of the company’s stock after purchasing an additional 191 shares during the period. Fonville Wealth Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $287,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Crewe Advisors LLC purchased a new position in iShares Short Treasury Bond ETF during the fourth quarter worth about $27,000. J.Safra Asset Management Corp raised its stake in iShares Short Treasury Bond ETF by 78.6% during the first quarter. J.Safra Asset Management Corp now owns 250 shares of the company’s stock worth $28,000 after purchasing an additional 110 shares during the period. Cape Investment Advisory Inc. purchased a new position in iShares Short Treasury Bond ETF during the fourth quarter worth about $30,000. Massmutual Trust Co. FSB ADV purchased a new position in iShares Short Treasury Bond ETF during the second quarter worth about $48,000. Finally, Benjamin F. Edwards & Company Inc. purchased a new position in iShares Short Treasury Bond ETF during the fourth quarter worth about $63,000. 7.10% of the stock is owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Price Performance

SHV stock traded up $0.04 during trading on Friday, reaching $110.60. 3,287,783 shares of the stock were exchanged, compared to its average volume of 2,435,081. The business has a 50 day moving average price of $110.34 and a 200-day moving average price of $110.31. iShares Short Treasury Bond ETF has a 1 year low of $109.85 and a 1 year high of $110.61.

iShares Short Treasury Bond ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, August 6th. Shareholders of record on Thursday, August 1st were given a dividend of $0.4879 per share. The ex-dividend date of this dividend was Thursday, August 1st.

iShares Short Treasury Bond ETF Company 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.