IFG Advisory LLC Invests $969,000 in iShares Short Treasury Bond ETF (NASDAQ:SHV)

IFG Advisory LLC bought a new position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 8,767 shares of the company’s stock, valued at approximately $969,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Concurrent Investment Advisors LLC boosted its holdings in shares of iShares Short Treasury Bond ETF by 44.1% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 15,317 shares of the company’s stock valued at $1,693,000 after acquiring an additional 4,691 shares during the last quarter. Hixon Zuercher LLC purchased a new stake in shares of iShares Short Treasury Bond ETF during the 2nd quarter worth about $7,724,000. Rothschild Investment LLC acquired a new stake in shares of iShares Short Treasury Bond ETF during the 2nd quarter valued at about $40,000. Benedict Financial Advisors Inc. increased its stake in shares of iShares Short Treasury Bond ETF by 22.7% in the 2nd quarter. Benedict Financial Advisors Inc. now owns 2,671 shares of the company’s stock valued at $295,000 after purchasing an additional 495 shares in the last quarter. Finally, Foster Group Inc. raised its holdings in iShares Short Treasury Bond ETF by 9.4% in the 2nd quarter. Foster Group Inc. now owns 7,241 shares of the company’s stock worth $800,000 after purchasing an additional 620 shares during the period. 7.10% of the stock is owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Price Performance

Shares of SHV opened at $110.60 on Friday. iShares Short Treasury Bond ETF has a 12 month low of $109.85 and a 12 month high of $110.61. The stock’s 50 day moving average is $110.34 and its two-hundred day moving average is $110.31.

iShares Short Treasury Bond ETF Dividend Announcement

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

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.