Savvy Advisors Inc. Purchases Shares of 2,065 iShares Short Treasury Bond ETF $SHV

Savvy Advisors Inc. acquired a new position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) in the 2nd quarter, HoldingsChannel reports. The fund acquired 2,065 shares of the company’s stock, valued at approximately $228,000.

Several other large investors also recently made changes to their positions in the business. Wealthfront Advisers LLC lifted its holdings in shares of iShares Short Treasury Bond ETF by 108.4% during the 1st quarter. Wealthfront Advisers LLC now owns 1,534,178 shares of the company’s stock valued at $169,465,000 after acquiring an additional 798,167 shares in the last quarter. Summit Financial LLC purchased a new position in iShares Short Treasury Bond ETF in the first quarter valued at about $64,786,000. Assetmark Inc. raised its position in iShares Short Treasury Bond ETF by 1,031.3% in the first quarter. Assetmark Inc. now owns 621,766 shares of the company’s stock valued at $68,680,000 after purchasing an additional 566,807 shares during the period. Mullooly Asset Management Inc. acquired a new position in shares of iShares Short Treasury Bond ETF during the first quarter worth about $41,366,000. Finally, Estate Counselors LLC boosted its position in shares of iShares Short Treasury Bond ETF by 3,242.1% in the first quarter. Estate Counselors LLC now owns 348,115 shares of the company’s stock worth $38,453,000 after buying an additional 337,699 shares during the period. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Trading Up 0.0%

SHV stock opened at $110.49 on Monday. iShares Short Treasury Bond ETF has a 1 year low of $109.91 and a 1 year high of $110.57. The stock has a 50-day simple moving average of $110.34 and a 200-day simple moving average of $110.29.

iShares Short Treasury Bond ETF Cuts Dividend

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

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.