iShares Short Treasury Bond ETF $SHV Shares Bought by Lee Financial Co

Lee Financial Co increased its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 16.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 200,307 shares of the company’s stock after acquiring an additional 28,470 shares during the period. iShares Short Treasury Bond ETF makes up approximately 2.8% of Lee Financial Co’s investment portfolio, making the stock its 9th biggest position. Lee Financial Co owned approximately 0.11% of iShares Short Treasury Bond ETF worth $22,132,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its stake in iShares Short Treasury Bond ETF by 22.3% during the 2nd quarter. Bank of America Corp DE now owns 3,172,414 shares of the company’s stock valued at $350,298,000 after purchasing an additional 579,074 shares in the last quarter. Gallagher Fiduciary Advisors LLC boosted its stake in iShares Short Treasury Bond ETF by 10,459.3% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 469,255 shares of the company’s stock valued at $51,815,000 after buying an additional 464,811 shares in the last quarter. NFP Retirement Inc. grew its holdings in iShares Short Treasury Bond ETF by 45.3% during the second quarter. NFP Retirement Inc. now owns 1,245,522 shares of the company’s stock worth $137,531,000 after acquiring an additional 388,096 shares during the period. Global Retirement Partners LLC bought a new stake in iShares Short Treasury Bond ETF in the second quarter worth about $34,795,000. Finally, Quadrature Capital Ltd bought a new stake in iShares Short Treasury Bond ETF in the second quarter worth about $31,630,000. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

NASDAQ:SHV opened at $110.44 on Friday. iShares Short Treasury Bond ETF has a twelve month low of $110.02 and a twelve month high of $110.51. The company has a 50-day moving average of $110.25 and a 200-day moving average of $110.29.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were issued a dividend of $0.3569 per share. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Friday, December 19th.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.