DAVENPORT & Co LLC Buys 645 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

DAVENPORT & Co LLC boosted its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 1.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 57,639 shares of the company’s stock after purchasing an additional 645 shares during the quarter. DAVENPORT & Co LLC’s holdings in iShares Short Treasury Bond ETF were worth $6,367,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Menard Financial Group LLC bought a new position in shares of iShares Short Treasury Bond ETF during the 4th quarter worth about $25,000. Transce3nd LLC bought a new position in iShares Short Treasury Bond ETF in the fourth quarter worth approximately $26,000. BTG Pactual Asset Management US LLC acquired a new stake in iShares Short Treasury Bond ETF in the fourth quarter valued at approximately $55,000. Strategic Investment Solutions Inc. IL grew its stake in iShares Short Treasury Bond ETF by 249.7% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 521 shares of the company’s stock valued at $57,000 after acquiring an additional 372 shares during the period. Finally, Laurel Wealth Advisors LLC bought a new stake in shares of iShares Short Treasury Bond ETF during the first quarter valued at approximately $86,000. 7.10% of the stock is owned by institutional investors.

iShares Short Treasury Bond ETF Stock Up 0.0%

Shares of NASDAQ:SHV opened at $110.07 on Thursday. The stock’s 50 day moving average is $110.26 and its 200-day moving average is $110.25. iShares Short Treasury Bond ETF has a twelve month low of $109.91 and a twelve month high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, July 7th. Shareholders of record on Tuesday, July 1st will be issued a dividend of $0.3712 per share. The ex-dividend date is Tuesday, July 1st.

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.