Northwestern Mutual Wealth Management Co. Raises Stake in iShares Short Treasury Bond ETF $SHV

Northwestern Mutual Wealth Management Co. increased its position in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 8.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 620,211 shares of the company’s stock after buying an additional 48,362 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.33% of iShares Short Treasury Bond ETF worth $68,484,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of SHV. Elevation Point Wealth Partners LLC purchased a new stake in iShares Short Treasury Bond ETF in the 2nd quarter worth approximately $55,000. Atlantic Union Bankshares Corp acquired a new stake in shares of iShares Short Treasury Bond ETF during the second quarter worth $56,000. Stone House Investment Management LLC acquired a new stake in shares of iShares Short Treasury Bond ETF during the first quarter worth $68,000. Zions Bancorporation National Association UT purchased a new stake in shares of iShares Short Treasury Bond ETF in the first quarter valued at $88,000. Finally, PMV Capital Advisers LLC acquired a new position in iShares Short Treasury Bond ETF in the second quarter valued at $100,000. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Trading Up 0.0%

NASDAQ SHV opened at $110.45 on Friday. The business’s 50-day moving average price is $110.33 and its 200 day moving average price is $110.29. iShares Short Treasury Bond ETF has a twelve month low of $109.91 and a twelve month high of $110.51.

iShares Short Treasury Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were issued a dividend of $0.3705 per share. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Monday, November 3rd.

iShares Short Treasury Bond ETF 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.