Twelve Points Wealth Management LLC Acquires New Stake in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Twelve Points Wealth Management LLC acquired a new stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 2,946 shares of the company’s stock, valued at approximately $326,000.

Several other hedge funds have also recently added to or reduced their stakes in SHV. J.Safra Asset Management Corp increased its stake in shares of iShares Short Treasury Bond ETF by 78.6% in the 1st quarter. J.Safra Asset Management Corp now owns 250 shares of the company’s stock worth $28,000 after acquiring an additional 110 shares during the last quarter. Rothschild Investment LLC acquired a new stake in shares of iShares Short Treasury Bond ETF in the 2nd quarter worth $40,000. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of iShares Short Treasury Bond ETF in the 2nd quarter worth $43,000. Massmutual Trust Co. FSB ADV acquired a new stake in shares of iShares Short Treasury Bond ETF in the 2nd quarter worth $48,000. Finally, Financial Gravity Asset Management Inc. increased its stake in shares of iShares Short Treasury Bond ETF by 1,323.5% in the 2nd quarter. Financial Gravity Asset Management Inc. now owns 484 shares of the company’s stock worth $53,000 after acquiring an additional 450 shares during the last quarter. 7.10% of the stock is owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Price Performance

Shares of SHV opened at $110.37 on Friday. iShares Short Treasury Bond ETF has a 52-week low of $109.85 and a 52-week high of $110.64. The stock has a fifty day simple moving average of $110.38 and a two-hundred day simple moving average of $110.31.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a dividend of $0.4755 per share. The ex-dividend date was Tuesday, September 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.