Beckerman Institutional LLC Takes $341,000 Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Beckerman Institutional LLC purchased a new position in iShares Short Treasury Bond ETF (NASDAQ:SHV) during the third quarter, Holdings Channel reports. The fund purchased 3,086 shares of the company’s stock, valued at approximately $341,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Envestnet Portfolio Solutions Inc. grew its position in shares of iShares Short Treasury Bond ETF by 3.0% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 22,641 shares of the company’s stock worth $2,503,000 after buying an additional 661 shares during the last quarter. Wealthspire Advisors LLC purchased a new position in iShares Short Treasury Bond ETF during the 1st quarter valued at $226,000. Atomi Financial Group Inc. raised its holdings in iShares Short Treasury Bond ETF by 36.0% in the 1st quarter. Atomi Financial Group Inc. now owns 8,118 shares of the company’s stock worth $897,000 after purchasing an additional 2,149 shares in the last quarter. Significant Wealth Partners LLC lifted its position in shares of iShares Short Treasury Bond ETF by 44.5% in the 1st quarter. Significant Wealth Partners LLC now owns 3,712 shares of the company’s stock worth $410,000 after purchasing an additional 1,144 shares during the period. Finally, Concurrent Investment Advisors LLC boosted its stake in shares of iShares Short Treasury Bond ETF by 4.8% during the 1st quarter. Concurrent Investment Advisors LLC now owns 10,626 shares of the company’s stock valued at $1,175,000 after purchasing an additional 489 shares in the last quarter. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

Shares of SHV opened at $110.26 on Friday. iShares Short Treasury Bond ETF has a one year low of $109.85 and a one year high of $110.64. The company has a 50-day simple moving average of $110.37 and a two-hundred day simple moving average of $110.33.

iShares Short Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a dividend of $0.4668 per share. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.47. This represents a $5.60 annualized dividend and a dividend yield of 5.08%.

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.