SVB Wealth LLC Buys 8,509 Shares of iShares Short Treasury Bond ETF $SHV

SVB Wealth LLC raised its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 50.6% in the third quarter, Holdings Channel.com reports. The firm owned 25,326 shares of the company’s stock after acquiring an additional 8,509 shares during the period. SVB Wealth LLC’s holdings in iShares Short Treasury Bond ETF were worth $2,798,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in SHV. Avalon Capital Management grew its holdings in shares of iShares Short Treasury Bond ETF by 33.6% during the 2nd quarter. Avalon Capital Management now owns 51,938 shares of the company’s stock worth $5,735,000 after purchasing an additional 13,068 shares in the last quarter. Aegis Wealth Management LLC lifted its position in iShares Short Treasury Bond ETF by 141.8% in the third quarter. Aegis Wealth Management LLC now owns 68,807 shares of the company’s stock worth $7,602,000 after purchasing an additional 40,347 shares during the period. Ehrlich Financial Group lifted its position in iShares Short Treasury Bond ETF by 72.6% in the third quarter. Ehrlich Financial Group now owns 22,389 shares of the company’s stock worth $2,474,000 after purchasing an additional 9,414 shares during the period. Americana Partners LLC boosted its stake in iShares Short Treasury Bond ETF by 47.7% during the third quarter. Americana Partners LLC now owns 492,204 shares of the company’s stock worth $54,384,000 after buying an additional 158,928 shares in the last quarter. Finally, 17 Capital Partners LLC acquired a new position in shares of iShares Short Treasury Bond ETF in the 2nd quarter valued at $565,000. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

NASDAQ:SHV opened at $110.20 on Wednesday. iShares Short Treasury Bond ETF has a 12-month low of $110.02 and a 12-month high of $110.50. The firm has a 50-day moving average price of $110.23 and a 200 day moving average price of $110.28.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a dividend of $0.342 per share. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 3.7%.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.