Financial Management Professionals Inc. Buys 2,800 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Financial Management Professionals Inc. lifted its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 49.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,451 shares of the company’s stock after purchasing an additional 2,800 shares during the quarter. Financial Management Professionals Inc.’s holdings in iShares Short Treasury Bond ETF were worth $931,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Benjamin F. Edwards & Company Inc. bought a new stake in iShares Short Treasury Bond ETF during the 2nd quarter worth approximately $43,000. MidAtlantic Capital Management Inc. bought a new stake in iShares Short Treasury Bond ETF during the 3rd quarter worth approximately $48,000. Glass Jacobson Investment Advisors llc grew its holdings in iShares Short Treasury Bond ETF by 55.5% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 454 shares of the company’s stock worth $50,000 after acquiring an additional 162 shares during the last quarter. Abich Financial Wealth Management LLC grew its holdings in iShares Short Treasury Bond ETF by 21.7% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 718 shares of the company’s stock worth $79,000 after acquiring an additional 128 shares during the last quarter. Finally, Bristlecone Advisors LLC bought a new stake in shares of iShares Short Treasury Bond ETF in the 3rd quarter valued at $83,000. 7.10% of the stock is owned by institutional investors.

iShares Short Treasury Bond ETF Stock Up 0.0 %

NASDAQ:SHV opened at $110.34 on Friday. The firm’s fifty day moving average is $110.23 and its 200-day moving average is $110.31. iShares Short Treasury Bond ETF has a 52 week low of $109.91 and a 52 week high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.4268 dividend. This represents a $5.12 dividend on an annualized basis and a dividend yield of 4.64%. The ex-dividend date was Wednesday, December 18th.

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.