IFP Advisors Inc Has $5.85 Million Position in iShares Short Treasury Bond ETF $SHV

IFP Advisors Inc increased its position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 119.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 52,978 shares of the company’s stock after acquiring an additional 28,848 shares during the period. IFP Advisors Inc’s holdings in iShares Short Treasury Bond ETF were worth $5,854,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in SHV. JPL Wealth Management LLC bought a new stake in iShares Short Treasury Bond ETF during the third quarter worth $26,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of iShares Short Treasury Bond ETF in the 2nd quarter valued at $55,000. Highline Wealth Partners LLC increased its stake in shares of iShares Short Treasury Bond ETF by 355.8% in the 3rd quarter. Highline Wealth Partners LLC now owns 515 shares of the company’s stock valued at $57,000 after purchasing an additional 402 shares during the last quarter. Asset Dedication LLC increased its stake in shares of iShares Short Treasury Bond ETF by 596.0% in the 2nd quarter. Asset Dedication LLC now owns 696 shares of the company’s stock valued at $77,000 after purchasing an additional 596 shares during the last quarter. Finally, Traub Capital Management LLC acquired a new position in shares of iShares Short Treasury Bond ETF during the 2nd quarter worth $119,000. 7.10% of the stock is owned by institutional investors.

iShares Short Treasury Bond ETF Price Performance

iShares Short Treasury Bond ETF stock opened at $110.25 on Friday. iShares Short Treasury Bond ETF has a 52 week low of $110.02 and a 52 week high of $110.50. The stock has a fifty day moving average of $110.26 and a 200-day moving average of $110.27.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.342 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend 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.