Oakworth Capital Inc. Has $111.63 Million Stake in iShares Short Treasury Bond ETF $SHV

Oakworth Capital Inc. increased its position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 47.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,013,393 shares of the company’s stock after acquiring an additional 324,227 shares during the quarter. iShares Short Treasury Bond ETF comprises about 6.1% of Oakworth Capital Inc.’s investment portfolio, making the stock its 6th largest position. Oakworth Capital Inc. owned approximately 0.56% of iShares Short Treasury Bond ETF worth $111,625,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. JPL Wealth Management LLC bought a new position in shares of iShares Short Treasury Bond ETF in the 3rd quarter worth $26,000. LFA Lugano Financial Advisors SA acquired a new position in iShares Short Treasury Bond ETF in the fourth quarter valued at about $39,000. Flagship Harbor Advisors LLC acquired a new position in iShares Short Treasury Bond ETF in the fourth quarter valued at about $70,000. Aventura Private Wealth LLC bought a new position in iShares Short Treasury Bond ETF during the fourth quarter worth about $94,000. Finally, Wealth Enhancement Trust Services Inc. bought a new position in iShares Short Treasury Bond ETF during the fourth quarter worth about $110,000. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

iShares Short Treasury Bond ETF stock opened at $110.36 on Tuesday. The business has a 50-day moving average of $110.25 and a 200-day moving average of $110.26. 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 company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a dividend of $0.342 per share. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 3.7%.

iShares Short Treasury Bond ETF 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.