iShares Short Treasury Bond ETF (NASDAQ:SHV) to Issue Monthly Dividend of $0.08

iShares Short Treasury Bond ETF (NASDAQ:SHVGet Rating) announced a monthly dividend on Thursday, June 30th, Zacks reports. Shareholders of record on Tuesday, July 5th will be given a dividend of 0.077 per share on Friday, July 8th. This represents a $0.92 annualized dividend and a yield of 0.84%. The ex-dividend date is Friday, July 1st. This is a positive change from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.06.

NASDAQ SHV opened at $110.02 on Friday. iShares Short Treasury Bond ETF has a 12 month low of $109.95 and a 12 month high of $110.49. The stock’s fifty day moving average price is $110.15 and its 200-day moving average price is $110.25.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Continuum Advisory LLC purchased a new stake in shares of iShares Short Treasury Bond ETF in the first quarter worth $4,101,000. Beacon Pointe Advisors LLC grew its stake in shares of iShares Short Treasury Bond ETF by 916.8% in the first quarter. Beacon Pointe Advisors LLC now owns 26,743 shares of the company’s stock worth $2,948,000 after acquiring an additional 24,113 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of iShares Short Treasury Bond ETF by 338.9% in the first quarter. Bank of New York Mellon Corp now owns 21,690 shares of the company’s stock worth $2,391,000 after acquiring an additional 16,748 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of iShares Short Treasury Bond ETF by 208.6% in the first quarter. Cetera Investment Advisers now owns 21,535 shares of the company’s stock worth $2,374,000 after acquiring an additional 14,557 shares during the last quarter. Finally, Private Advisory Group LLC purchased a new stake in shares of iShares Short Treasury Bond ETF in the first quarter worth $1,466,000.

About iShares Short Treasury Bond ETF (Get Rating)

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.

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Dividend History for iShares Short Treasury Bond ETF (NASDAQ:SHV)

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