Baird Financial Group Inc. Increases Stake in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Baird Financial Group Inc. grew its stake in iShares Short Treasury Bond ETF (NASDAQ:SHVGet Rating) by 46.4% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 9,030 shares of the company’s stock after buying an additional 2,862 shares during the quarter. Baird Financial Group Inc.’s holdings in iShares Short Treasury Bond ETF were worth $994,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in SHV. Prospera Financial Services Inc acquired a new stake in shares of iShares Short Treasury Bond ETF during the 1st quarter worth about $119,000. Cambria Investment Management L.P. increased its position in iShares Short Treasury Bond ETF by 2,729.3% during the second quarter. Cambria Investment Management L.P. now owns 227,360 shares of the company’s stock worth $25,032,000 after buying an additional 219,324 shares during the period. Banco Santander S.A. increased its position in iShares Short Treasury Bond ETF by 638.4% during the first quarter. Banco Santander S.A. now owns 424,800 shares of the company’s stock worth $46,835,000 after buying an additional 367,272 shares during the period. OmniStar Financial Group Inc. increased its holdings in shares of iShares Short Treasury Bond ETF by 18.4% in the first quarter. OmniStar Financial Group Inc. now owns 16,573 shares of the company’s stock valued at $1,827,000 after purchasing an additional 2,570 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC increased its holdings in shares of iShares Short Treasury Bond ETF by 332.9% in the second quarter. Patriot Financial Group Insurance Agency LLC now owns 749 shares of the company’s stock valued at $82,000 after purchasing an additional 576 shares during the period.

iShares Short Treasury Bond ETF Stock Performance

iShares Short Treasury Bond ETF stock opened at $109.97 on Friday. iShares Short Treasury Bond ETF has a 1-year low of $109.75 and a 1-year high of $110.45. The stock’s 50 day moving average price is $109.92 and its 200 day moving average price is $110.03.

iShares Short Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, November 7th. Shareholders of record on Wednesday, November 2nd were given a dividend of $0.242 per share. This represents a $2.90 dividend on an annualized basis and a yield of 2.64%. This is an increase from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.20. The ex-dividend date was Tuesday, November 1st.

iShares Short Treasury Bond ETF Profile

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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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