Principal Securities Inc. Grows Stock Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Principal Securities Inc. boosted its position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 9.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 24,544 shares of the company’s stock after purchasing an additional 2,165 shares during the period. Principal Securities Inc.’s holdings in iShares Short Treasury Bond ETF were worth $2,702,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in shares of iShares Short Treasury Bond ETF by 23.7% during the third quarter. JPMorgan Chase & Co. now owns 9,031,532 shares of the company’s stock valued at $999,158,000 after acquiring an additional 1,732,399 shares in the last quarter. FMR LLC raised its holdings 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 last quarter. Divergent Wealth Advisors grew its stake in shares of iShares Short Treasury Bond ETF by 5.5% in the 3rd quarter. Divergent Wealth Advisors now owns 1,156,791 shares of the company’s stock valued at $127,976,000 after buying an additional 60,638 shares during the period. Stifel Financial Corp raised its holdings in iShares Short Treasury Bond ETF by 5.2% in the 3rd quarter. Stifel Financial Corp now owns 599,055 shares of the company’s stock valued at $66,274,000 after buying an additional 29,814 shares during the period. Finally, Cynosure Group LLC boosted its holdings in iShares Short Treasury Bond ETF by 3.2% during the 3rd quarter. Cynosure Group LLC now owns 560,749 shares of the company’s stock valued at $62,036,000 after acquiring an additional 17,145 shares during the period. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Stock Performance

Shares of NASDAQ SHV opened at $110.28 on Tuesday. The stock’s 50-day moving average is $110.22 and its two-hundred day moving average is $110.31. iShares Short Treasury Bond ETF has a 1-year low of $109.91 and a 1-year high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.4033 per share. The ex-dividend date was Monday, February 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.