Berkshire Bank Acquires 11,167 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Berkshire Bank increased its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 307.2% during the 4th quarter, HoldingsChannel reports. The fund owned 14,802 shares of the company’s stock after buying an additional 11,167 shares during the period. Berkshire Bank’s holdings in iShares Short Treasury Bond ETF were worth $1,630,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of SHV. Whalen Wealth Management Inc. boosted its stake in iShares Short Treasury Bond ETF by 9.5% in the 3rd quarter. Whalen Wealth Management Inc. now owns 48,398 shares of the company’s stock worth $5,354,000 after purchasing an additional 4,205 shares in the last quarter. Vontobel Holding Ltd. purchased a new position in iShares Short Treasury Bond ETF in the third quarter worth about $519,000. Daymark Wealth Partners LLC lifted its stake in shares of iShares Short Treasury Bond ETF by 7.6% in the third quarter. Daymark Wealth Partners LLC now owns 2,467 shares of the company’s stock worth $273,000 after buying an additional 174 shares in the last quarter. Quantinno Capital Management LP lifted its stake in shares of iShares Short Treasury Bond ETF by 12.0% in the third quarter. Quantinno Capital Management LP now owns 2,802 shares of the company’s stock worth $310,000 after buying an additional 300 shares in the last quarter. Finally, GenWealth Group Inc. grew its holdings in shares of iShares Short Treasury Bond ETF by 12.5% during the third quarter. GenWealth Group Inc. now owns 9,928 shares of the company’s stock valued at $1,098,000 after buying an additional 1,102 shares during the last quarter. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

Shares of NASDAQ SHV opened at $110.44 on Tuesday. iShares Short Treasury Bond ETF has a twelve month low of $109.91 and a twelve month high of $110.64. The company has a 50 day moving average of $110.23 and a 200 day moving average of $110.32.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.4268 dividend. This represents a $5.12 annualized dividend and a dividend yield of 4.64%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.