LPL Financial LLC Buys 1,983 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

LPL Financial LLC boosted its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 0.1% during the third quarter, Holdings Channel reports. The firm owned 1,787,257 shares of the company’s stock after purchasing an additional 1,983 shares during the quarter. LPL Financial LLC’s holdings in iShares Short Treasury Bond ETF were worth $197,724,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Commerce Bank bought a new position in iShares Short Treasury Bond ETF in the third quarter worth approximately $227,000. Strategy Asset Managers LLC raised its position in iShares Short Treasury Bond ETF by 40.9% in the third quarter. Strategy Asset Managers LLC now owns 17,348 shares of the company’s stock worth $1,919,000 after acquiring an additional 5,039 shares during the period. Prospera Financial Services Inc raised its position in iShares Short Treasury Bond ETF by 96.7% in the third quarter. Prospera Financial Services Inc now owns 21,921 shares of the company’s stock worth $2,425,000 after acquiring an additional 10,778 shares during the period. Whalen Wealth Management Inc. raised its position in iShares Short Treasury Bond ETF by 9.5% in the third quarter. Whalen Wealth Management Inc. now owns 48,398 shares of the company’s stock worth $5,354,000 after acquiring an additional 4,205 shares during the period. Finally, Fortis Advisors LLC raised its position in iShares Short Treasury Bond ETF by 1.3% in the third quarter. Fortis Advisors LLC now owns 7,736 shares of the company’s stock worth $856,000 after acquiring an additional 99 shares during the period. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

SHV opened at $110.37 on Friday. iShares Short Treasury Bond ETF has a 1-year low of $109.85 and a 1-year high of $110.64. The firm’s 50 day simple moving average is $110.37 and its two-hundred day simple moving average is $110.33.

iShares Short Treasury Bond ETF Increases Dividend

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