Assetmark Inc. Acquires 2,310 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Assetmark Inc. increased its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 4.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 54,959 shares of the company’s stock after purchasing an additional 2,310 shares during the quarter. Assetmark Inc.’s holdings in iShares Short Treasury Bond ETF were worth $6,052,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Smithfield Trust Co lifted its holdings in iShares Short Treasury Bond ETF by 7.3% in the fourth quarter. Smithfield Trust Co now owns 162,105 shares of the company’s stock valued at $17,862,000 after buying an additional 11,086 shares during the period. J.Safra Asset Management Corp lifted its holdings in iShares Short Treasury Bond ETF by 190.2% in the fourth quarter. J.Safra Asset Management Corp now owns 2,336 shares of the company’s stock valued at $257,000 after buying an additional 1,531 shares during the period. Mayport LLC lifted its holdings in iShares Short Treasury Bond ETF by 15.0% in the fourth quarter. Mayport LLC now owns 117,662 shares of the company’s stock valued at $12,956,000 after buying an additional 15,325 shares during the period. Physician Wealth Solutions Inc. lifted its holdings in iShares Short Treasury Bond ETF by 6.8% in the fourth quarter. Physician Wealth Solutions Inc. now owns 3,892 shares of the company’s stock valued at $429,000 after buying an additional 248 shares during the period. Finally, Meridian Wealth Management LLC lifted its holdings in iShares Short Treasury Bond ETF by 105.7% in the fourth quarter. Meridian Wealth Management LLC now owns 83,130 shares of the company’s stock valued at $9,153,000 after buying an additional 42,724 shares during the period. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

SHV stock opened at $110.20 on Friday. iShares Short Treasury Bond ETF has a 12-month low of $109.91 and a 12-month high of $110.64. The company’s fifty day simple moving average is $110.27 and its 200 day simple moving average is $110.31.

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 $0.3579 dividend. The ex-dividend date of this dividend 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.