Latitude Advisors LLC Takes Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Latitude Advisors LLC acquired a new position in iShares Short Treasury Bond ETF (NASDAQ:SHV) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 17,023 shares of the company’s stock, valued at approximately $1,874,000. iShares Short Treasury Bond ETF comprises 1.1% of Latitude Advisors LLC’s portfolio, making the stock its 19th biggest holding.

A number of other hedge funds have also recently made changes to their positions in the stock. MidAtlantic Capital Management Inc. acquired a new position in shares of iShares Short Treasury Bond ETF in the third quarter valued at approximately $48,000. Glass Jacobson Investment Advisors llc grew its stake in shares of iShares Short Treasury Bond ETF by 55.5% in the third quarter. Glass Jacobson Investment Advisors llc now owns 454 shares of the company’s stock worth $50,000 after acquiring an additional 162 shares in the last quarter. Synergy Asset Management LLC purchased a new stake in shares of iShares Short Treasury Bond ETF during the fourth quarter worth $51,000. Bristlecone Advisors LLC acquired a new stake in shares of iShares Short Treasury Bond ETF in the third quarter valued at $83,000. Finally, Beaird Harris Wealth Management LLC boosted its holdings in iShares Short Treasury Bond ETF by 580.5% in the third quarter. Beaird Harris Wealth Management LLC now owns 1,674 shares of the company’s stock valued at $185,000 after purchasing an additional 1,428 shares during the period. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

SHV stock opened at $110.19 on Tuesday. iShares Short Treasury Bond ETF has a 1 year low of $109.91 and a 1 year high of $110.64. The business’s 50-day moving average is $110.21 and its two-hundred day moving average is $110.32.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.4033 dividend. The ex-dividend date was Monday, February 3rd.

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.