HM Payson & Co. Makes New $168,000 Investment in iShares Short Treasury Bond ETF (NASDAQ:SHV)

HM Payson & Co. purchased a new position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 1,527 shares of the company’s stock, valued at approximately $168,000.

Several other hedge funds have also recently added to or reduced their stakes in SHV. MidAtlantic Capital Management Inc. bought a new stake in shares of iShares Short Treasury Bond ETF in the 3rd quarter valued at about $48,000. Glass Jacobson Investment Advisors llc lifted its stake in shares of iShares Short Treasury Bond ETF by 55.5% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 454 shares of the company’s stock valued at $50,000 after acquiring an additional 162 shares during the last quarter. Synergy Asset Management LLC bought a new stake in shares of iShares Short Treasury Bond ETF in the 4th quarter valued at about $51,000. Kestra Investment Management LLC bought a new stake in shares of iShares Short Treasury Bond ETF in the 4th quarter valued at about $97,000. Finally, Values First Advisors Inc. lifted its stake in shares of iShares Short Treasury Bond ETF by 294.2% in the 4th quarter. Values First Advisors Inc. now owns 1,490 shares of the company’s stock valued at $164,000 after acquiring an additional 1,112 shares during the last quarter. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

NASDAQ SHV opened at $110.20 on Monday. iShares Short Treasury Bond ETF has a 1-year low of $109.91 and a 1-year high of $110.64. The stock has a 50-day moving average of $110.27 and a 200-day moving average of $110.31.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a dividend of $0.3579 per share. The ex-dividend date was Monday, March 3rd.

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.