Ritholtz Wealth Management Grows Stock Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Ritholtz Wealth Management boosted its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHVGet Rating) by 785.5% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 410,999 shares of the company’s stock after acquiring an additional 364,584 shares during the quarter. iShares Short Treasury Bond ETF accounts for about 2.9% of Ritholtz Wealth Management’s investment portfolio, making the stock its 8th largest position. Ritholtz Wealth Management owned 0.21% of iShares Short Treasury Bond ETF worth $45,251,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SHV. Private Capital Group LLC bought a new position in shares of iShares Short Treasury Bond ETF in the 1st quarter worth approximately $40,000. Investors Research Corp increased its position in iShares Short Treasury Bond ETF by 27.1% during the 1st quarter. Investors Research Corp now owns 1,036 shares of the company’s stock valued at $114,000 after buying an additional 221 shares in the last quarter. Prospera Financial Services Inc bought a new position in iShares Short Treasury Bond ETF during the 1st quarter valued at approximately $119,000. Win Advisors Inc. bought a new position in iShares Short Treasury Bond ETF during the 4th quarter valued at approximately $130,000. Finally, DB Wealth Management Group LLC increased its position in iShares Short Treasury Bond ETF by 627.4% during the 1st quarter. DB Wealth Management Group LLC now owns 1,353 shares of the company’s stock valued at $149,000 after buying an additional 1,167 shares in the last quarter.

iShares Short Treasury Bond ETF Price Performance

SHV stock remained flat at $109.97 on Friday. The company had a trading volume of 1,980 shares, compared to its average volume of 3,841,089. iShares Short Treasury Bond ETF has a one year low of $109.92 and a one year high of $110.47. The firm’s 50 day simple moving average is $110.02 and its two-hundred day simple moving average is $110.12.

iShares Short Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, September 8th. Shareholders of record on Friday, September 2nd were issued a $0.161 dividend. This is a positive change from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.13. The ex-dividend date of this dividend was Thursday, September 1st. This represents a $1.93 dividend on an annualized basis and a dividend yield of 1.76%.

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.

See Also

Institutional Ownership by Quarter for iShares Short Treasury Bond ETF (NASDAQ:SHV)

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