LFA Lugano Financial Advisors SA Invests $3.56 Million in iShares Short Treasury Bond ETF (NASDAQ:SHV)

LFA Lugano Financial Advisors SA acquired a new position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 32,299 shares of the company’s stock, valued at approximately $3,556,000. iShares Short Treasury Bond ETF makes up 2.3% of LFA Lugano Financial Advisors SA’s portfolio, making the stock its 16th largest holding.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Proficio Capital Partners LLC increased its position in iShares Short Treasury Bond ETF by 16,685.1% in the 4th quarter. Proficio Capital Partners LLC now owns 5,884,700 shares of the company’s stock valued at $647,964,000 after acquiring an additional 5,849,641 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of iShares Short Treasury Bond ETF by 23.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,031,532 shares of the company’s stock valued at $999,158,000 after buying an additional 1,732,399 shares during the last quarter. FMR LLC raised its stake in iShares Short Treasury Bond ETF by 337.6% in the 3rd quarter. FMR LLC now owns 2,069,990 shares of the company’s stock valued at $229,003,000 after acquiring an additional 1,596,924 shares during the period. Raymond James Financial Inc. bought a new position in shares of iShares Short Treasury Bond ETF during the fourth quarter worth approximately $123,698,000. Finally, Whalen Wealth Management Inc. boosted its stake in shares of iShares Short Treasury Bond ETF by 442.7% in the fourth quarter. Whalen Wealth Management Inc. now owns 262,678 shares of the company’s stock valued at $28,923,000 after buying an additional 214,280 shares during the period. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Stock Up 0.0 %

NASDAQ:SHV opened at $110.23 on Thursday. iShares Short Treasury Bond ETF has a twelve month low of $109.91 and a twelve month high of $110.64. The stock’s 50-day simple moving average is $110.27 and its 200 day simple moving average is $110.30.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a $0.3579 dividend. The ex-dividend date was Monday, March 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.