iShares Short Treasury Bond ETF $SHV Shares Purchased by MAI Capital Management

MAI Capital Management boosted its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 33.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,401 shares of the company’s stock after buying an additional 14,668 shares during the period. MAI Capital Management’s holdings in iShares Short Treasury Bond ETF were worth $6,453,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Brighton Jones LLC acquired a new position in shares of iShares Short Treasury Bond ETF during the fourth quarter valued at about $572,000. Revolve Wealth Partners LLC purchased a new stake in iShares Short Treasury Bond ETF during the 4th quarter worth approximately $388,000. Arkadios Wealth Advisors increased its stake in iShares Short Treasury Bond ETF by 13.4% during the 2nd quarter. Arkadios Wealth Advisors now owns 12,584 shares of the company’s stock valued at $1,390,000 after purchasing an additional 1,484 shares in the last quarter. Spire Wealth Management raised its holdings in shares of iShares Short Treasury Bond ETF by 5.4% in the second quarter. Spire Wealth Management now owns 42,458 shares of the company’s stock worth $4,688,000 after buying an additional 2,182 shares during the last quarter. Finally, Premier Path Wealth Partners LLC raised its holdings in shares of iShares Short Treasury Bond ETF by 1.0% in the second quarter. Premier Path Wealth Partners LLC now owns 29,595 shares of the company’s stock worth $3,268,000 after buying an additional 284 shares during the last quarter. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Price Performance

NASDAQ SHV opened at $110.37 on Friday. The stock’s fifty day moving average price is $110.24 and its 200 day moving average price is $110.29. iShares Short Treasury Bond ETF has a 1 year low of $110.02 and a 1 year high of $110.50.

iShares Short Treasury Bond ETF Cuts Dividend

The business 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. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date was Monday, February 2nd.

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.