Lowe Brockenbrough & Co. Inc. Has $8.66 Million Stock Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Lowe Brockenbrough & Co. Inc. grew its position in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 0.2% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 78,283 shares of the company’s stock after acquiring an additional 177 shares during the period. Lowe Brockenbrough & Co. Inc.’s holdings in iShares Short Treasury Bond ETF were worth $8,660,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of SHV. J.Safra Asset Management Corp grew its stake in 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 valued at $28,000 after purchasing an additional 110 shares in the last quarter. Rothschild Investment LLC bought a new position in shares of iShares Short Treasury Bond ETF in the 2nd quarter valued at about $40,000. Benjamin F. Edwards & Company Inc. bought a new stake in shares of iShares Short Treasury Bond ETF in the 2nd quarter valued at about $43,000. Massmutual Trust Co. FSB ADV acquired a new stake in iShares Short Treasury Bond ETF in the 2nd quarter valued at about $48,000. Finally, Financial Gravity Asset Management Inc. lifted its stake in 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 valued at $53,000 after purchasing an additional 450 shares during the last quarter. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

Shares of NASDAQ SHV opened at $110.15 on Friday. iShares Short Treasury Bond ETF has a twelve month low of $109.85 and a twelve month high of $110.64. The business’s 50 day moving average price is $110.40 and its two-hundred day moving average price is $110.33.

iShares Short Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, November 6th. Investors of record on Friday, November 1st will be issued a dividend of $0.4668 per share. This is an increase from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.47. The ex-dividend date of this dividend is Friday, November 1st. This represents a $5.60 annualized dividend and a dividend yield of 5.09%.

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.