Schrum Private Wealth Management LLC Grows Stock Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Schrum Private Wealth Management LLC boosted its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 11.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,889 shares of the company’s stock after buying an additional 585 shares during the period. Schrum Private Wealth Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $648,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SHV. MidAtlantic Capital Management Inc. acquired a new stake in iShares Short Treasury Bond ETF in the 3rd quarter valued at approximately $48,000. Glass Jacobson Investment Advisors llc increased its holdings in shares of iShares Short Treasury Bond ETF by 55.5% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 454 shares of the company’s stock valued at $50,000 after acquiring an additional 162 shares during the last quarter. Synergy Asset Management LLC acquired a new stake in iShares Short Treasury Bond ETF during the fourth quarter worth approximately $51,000. Kestra Investment Management LLC purchased a new stake in iShares Short Treasury Bond ETF in the fourth quarter valued at $97,000. Finally, Values First Advisors Inc. grew its stake in iShares Short Treasury Bond ETF by 294.2% during the 4th quarter. Values First Advisors Inc. now owns 1,490 shares of the company’s stock worth $164,000 after buying an additional 1,112 shares during the last quarter. 7.10% of the stock is currently owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Price Performance

SHV stock opened at $110.14 on Thursday. iShares Short Treasury Bond ETF has a twelve month low of $109.91 and a twelve month high of $110.64. The business has a 50 day simple moving average of $110.26 and a 200-day simple moving average of $110.31.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd will be issued a $0.3579 dividend. The ex-dividend date of this dividend is Monday, March 3rd.

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.