iShares Short Treasury Bond ETF (NASDAQ:SHV) Shares Bought by Bank of Montreal Can

Bank of Montreal Can raised its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 59.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 71,212 shares of the company’s stock after acquiring an additional 26,422 shares during the period. Bank of Montreal Can’s holdings in iShares Short Treasury Bond ETF were worth $7,841,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SHV. Synergy Asset Management LLC acquired a new position in iShares Short Treasury Bond ETF in the fourth quarter valued at approximately $51,000. Kestra Investment Management LLC purchased a new stake in iShares Short Treasury Bond ETF during the fourth quarter worth $97,000. Harbour Investments Inc. grew its position in iShares Short Treasury Bond ETF by 44.0% during the fourth quarter. Harbour Investments Inc. now owns 1,106 shares of the company’s stock valued at $122,000 after buying an additional 338 shares during the period. Values First Advisors Inc. increased its holdings in iShares Short Treasury Bond ETF by 294.2% in the fourth quarter. Values First Advisors Inc. now owns 1,490 shares of the company’s stock valued at $164,000 after buying an additional 1,112 shares in the last quarter. Finally, HM Payson & Co. purchased a new stake in shares of iShares Short Treasury Bond ETF during the 4th quarter worth about $168,000. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

Shares of iShares Short Treasury Bond ETF stock opened at $110.25 on Monday. The business has a 50-day moving average price of $110.26 and a 200 day moving average price of $110.28. iShares Short Treasury Bond ETF has a twelve month low of $109.91 and a twelve month high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st were given a $0.3836 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $4.60 annualized dividend and a dividend yield of 4.18%.

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.