Milestone Asset Management LLC Buys 1,648 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Milestone Asset Management LLC increased its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 6.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 27,343 shares of the company’s stock after buying an additional 1,648 shares during the quarter. Milestone Asset Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $3,011,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. JPMorgan Chase & Co. grew its holdings in shares of iShares Short Treasury Bond ETF by 23.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,031,532 shares of the company’s stock valued at $999,158,000 after buying an additional 1,732,399 shares during the period. FMR LLC increased its position in shares of iShares Short Treasury Bond ETF by 337.6% during the 3rd quarter. FMR LLC now owns 2,069,990 shares of the company’s stock worth $229,003,000 after purchasing an additional 1,596,924 shares during the last quarter. Divergent Wealth Advisors grew its position in shares of iShares Short Treasury Bond ETF by 5.5% in the 3rd quarter. Divergent Wealth Advisors now owns 1,156,791 shares of the company’s stock valued at $127,976,000 after acquiring an additional 60,638 shares during the period. Stifel Financial Corp increased its position in iShares Short Treasury Bond ETF by 5.2% during the third quarter. Stifel Financial Corp now owns 599,055 shares of the company’s stock worth $66,274,000 after buying an additional 29,814 shares during the last quarter. Finally, Cynosure Group LLC raised its stake in iShares Short Treasury Bond ETF by 3.2% in the 3rd quarter. Cynosure Group LLC now owns 560,749 shares of the company’s stock valued at $62,036,000 after acquiring an additional 17,145 shares during the period. 7.10% of the stock is owned by institutional investors.

iShares Short Treasury Bond ETF Stock Up 0.0 %

iShares Short Treasury Bond ETF stock opened at $110.46 on Thursday. The stock’s 50 day moving average is $110.24 and its 200-day moving average is $110.32. iShares Short Treasury Bond ETF has a 12 month low of $109.91 and a 12 month high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.4268 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $5.12 annualized dividend and a dividend yield of 4.64%.

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.