J. Safra Sarasin Holding AG Boosts Position in iShares Short Treasury Bond ETF $SHV

J. Safra Sarasin Holding AG increased its position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 1,011.1% during the 4th quarter, HoldingsChannel reports. The fund owned 43,956 shares of the company’s stock after acquiring an additional 40,000 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in iShares Short Treasury Bond ETF were worth $4,842,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Brighton Jones LLC acquired a new stake in iShares Short Treasury Bond ETF during the fourth quarter worth about $572,000. Revolve Wealth Partners LLC acquired a new position in iShares Short Treasury Bond ETF in the 4th quarter valued at about $388,000. Elevation Point Wealth Partners LLC acquired a new position in iShares Short Treasury Bond ETF in the 2nd quarter valued at about $55,000. Level Four Advisory Services LLC grew its stake in shares of iShares Short Treasury Bond ETF by 32.2% in the 2nd quarter. Level Four Advisory Services LLC now owns 4,269 shares of the company’s stock valued at $471,000 after buying an additional 1,039 shares during the period. Finally, Lido Advisors LLC grew its stake in shares of iShares Short Treasury Bond ETF by 666.8% in the 2nd quarter. Lido Advisors LLC now owns 30,502 shares of the company’s stock valued at $3,368,000 after buying an additional 26,524 shares during the period. 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 $110.39 on Wednesday. The company has a 50 day simple moving average of $110.27 and a 200-day simple moving average of $110.28. iShares Short Treasury Bond ETF has a 1 year low of $110.02 and a 1 year high of $110.50.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a $0.342 dividend. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date was Monday, February 2nd.

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