Mutual Advisors LLC Acquires 2,271 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Mutual Advisors LLC grew its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 4.7% in the third quarter, Holdings Channel reports. The firm owned 50,967 shares of the company’s stock after buying an additional 2,271 shares during the quarter. Mutual Advisors LLC’s holdings in iShares Short Treasury Bond ETF were worth $5,629,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of SHV. J.Safra Asset Management Corp grew its holdings in shares of iShares Short Treasury Bond ETF by 78.6% in the first 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 period. Rothschild Investment LLC purchased a new stake in iShares Short Treasury Bond ETF in the second quarter worth about $40,000. Benjamin F. Edwards & Company Inc. purchased a new stake in iShares Short Treasury Bond ETF in the 2nd quarter worth approximately $43,000. Massmutual Trust Co. FSB ADV purchased a new stake in shares of iShares Short Treasury Bond ETF in the second quarter worth $48,000. Finally, Financial Gravity Asset Management Inc. raised its holdings in iShares Short Treasury Bond ETF by 1,323.5% during the second quarter. Financial Gravity Asset Management Inc. now owns 484 shares of the company’s stock valued at $53,000 after acquiring an additional 450 shares during the period. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

NASDAQ SHV opened at $110.52 on Wednesday. iShares Short Treasury Bond ETF has a 12 month low of $109.85 and a 12 month high of $110.64. The stock’s 50 day moving average is $110.40 and its 200 day moving average is $110.33.

iShares Short Treasury Bond ETF Cuts Dividend

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