iShares Short Treasury Bond ETF $SHV Shares Purchased by Townsend & Associates Inc

Townsend & Associates Inc boosted its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 1.7% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 592,402 shares of the company’s stock after purchasing an additional 9,794 shares during the period. iShares Short Treasury Bond ETF comprises approximately 6.5% of Townsend & Associates Inc’s portfolio, making the stock its largest position. Townsend & Associates Inc’s holdings in iShares Short Treasury Bond ETF were worth $65,389,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in SHV. Brighton Jones LLC acquired a new stake in iShares Short Treasury Bond ETF in the 4th quarter valued at approximately $572,000. Revolve Wealth Partners LLC acquired a new stake in iShares Short Treasury Bond ETF in the 4th quarter valued at approximately $388,000. Envestnet Portfolio Solutions Inc. increased its holdings in iShares Short Treasury Bond ETF by 10.3% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 22,308 shares of the company’s stock valued at $2,464,000 after purchasing an additional 2,088 shares during the last quarter. MinichMacGregor Wealth Management LLC increased its holdings in iShares Short Treasury Bond ETF by 13.3% in the 1st quarter. MinichMacGregor Wealth Management LLC now owns 87,009 shares of the company’s stock valued at $9,611,000 after purchasing an additional 10,244 shares during the last quarter. Finally, Oppenheimer & Co. Inc. increased its holdings in iShares Short Treasury Bond ETF by 8.5% in the 1st quarter. Oppenheimer & Co. Inc. now owns 272,883 shares of the company’s stock valued at $30,143,000 after purchasing an additional 21,373 shares during the last quarter. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

NASDAQ:SHV opened at $110.36 on Monday. The company has a fifty day simple moving average of $110.31 and a two-hundred day simple moving average of $110.28. iShares Short Treasury Bond ETF has a 52 week low of $109.91 and a 52 week high of $110.57.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were paid a $0.3674 dividend. The ex-dividend date was Wednesday, October 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.