Prosperity Financial Group Inc. Buys Shares of 2,484 iShares Short Treasury Bond ETF (NASDAQ:SHV)

Prosperity Financial Group Inc. bought a new stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 2,484 shares of the company’s stock, valued at approximately $274,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its stake in shares of iShares Short Treasury Bond ETF by 23.7% during 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 in the last quarter. Proficio Capital Partners LLC lifted its stake in shares of iShares Short Treasury Bond ETF by 16,685.1% during the 4th quarter. Proficio Capital Partners LLC now owns 5,884,700 shares of the company’s stock valued at $647,964,000 after buying an additional 5,849,641 shares in the last quarter. FMR LLC lifted its stake 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 valued at $229,003,000 after buying an additional 1,596,924 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of iShares Short Treasury Bond ETF during the 4th quarter valued at approximately $123,698,000. Finally, Stifel Financial Corp lifted its stake in shares of iShares Short Treasury Bond ETF by 5.2% during the 3rd quarter. Stifel Financial Corp now owns 599,055 shares of the company’s stock valued at $66,274,000 after buying an additional 29,814 shares in the last quarter. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Stock Performance

Shares of SHV stock opened at $110.22 on Wednesday. The firm’s 50 day moving average is $110.27 and its 200 day moving average is $110.30. 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 company also recently announced 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.