GM Advisory Group LLC Acquires 18,309 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

GM Advisory Group LLC raised its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 4.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 436,476 shares of the company’s stock after acquiring an additional 18,309 shares during the period. iShares Short Treasury Bond ETF accounts for approximately 2.9% of GM Advisory Group LLC’s holdings, making the stock its 9th biggest position. GM Advisory Group LLC’s holdings in iShares Short Treasury Bond ETF were worth $48,287,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of SHV. Anchor Capital Advisors LLC boosted its holdings in shares of iShares Short Treasury Bond ETF by 116.1% in the second quarter. Anchor Capital Advisors LLC now owns 971,521 shares of the company’s stock worth $107,353,000 after buying an additional 521,879 shares during the period. Cetera Investment Advisers boosted its stake in iShares Short Treasury Bond ETF by 423.9% in the 1st quarter. Cetera Investment Advisers now owns 464,267 shares of the company’s stock worth $51,320,000 after purchasing an additional 375,648 shares during the period. SG Americas Securities LLC acquired a new position in iShares Short Treasury Bond ETF in the 2nd quarter worth approximately $39,418,000. Oakworth Capital Inc. purchased a new position in iShares Short Treasury Bond ETF during the 2nd quarter worth approximately $31,797,000. Finally, Janney Montgomery Scott LLC acquired a new stake in iShares Short Treasury Bond ETF during the 3rd quarter valued at $27,104,000. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

Shares of iShares Short Treasury Bond ETF stock opened at $110.37 on Friday. iShares Short Treasury Bond ETF has a 12 month low of $109.85 and a 12 month high of $110.64. The business has a fifty day simple moving average of $110.37 and a 200-day simple moving average of $110.33.

iShares Short Treasury Bond ETF Increases Dividend

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

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.