Archer Investment Corp Increases Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Archer Investment Corp grew its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 10.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,955 shares of the company’s stock after acquiring an additional 773 shares during the quarter. Archer Investment Corp’s holdings in iShares Short Treasury Bond ETF were worth $876,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of SHV. MidAtlantic Capital Management Inc. purchased a new stake in shares of iShares Short Treasury Bond ETF during the third quarter valued at $48,000. Glass Jacobson Investment Advisors llc grew 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 acquiring an additional 162 shares during the period. Synergy Asset Management LLC purchased a new position in shares of iShares Short Treasury Bond ETF during the fourth quarter valued at approximately $51,000. Bristlecone Advisors LLC bought a new position in iShares Short Treasury Bond ETF during the third quarter valued at approximately $83,000. Finally, Beaird Harris Wealth Management LLC boosted its holdings in iShares Short Treasury Bond ETF by 580.5% in the third quarter. Beaird Harris Wealth Management LLC now owns 1,674 shares of the company’s stock worth $185,000 after purchasing an additional 1,428 shares during the last quarter. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Stock Up 0.0 %

NASDAQ:SHV opened at $110.16 on Friday. The company has a 50 day simple moving average of $110.23 and a two-hundred day simple moving average of $110.32. iShares Short Treasury Bond ETF has a 12 month low of $109.91 and a 12 month high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.4033 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.