15,625 Shares in iShares Short Treasury Bond ETF $SHV Bought by First Horizon Corp

First Horizon Corp purchased a new stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor purchased 15,625 shares of the company’s stock, valued at approximately $1,726,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bank of America Corp DE grew its stake in shares of iShares Short Treasury Bond ETF by 22.3% in the second quarter. Bank of America Corp DE now owns 3,172,414 shares of the company’s stock valued at $350,298,000 after buying an additional 579,074 shares in the last quarter. Wealthfront Advisers LLC lifted its position in iShares Short Treasury Bond ETF by 16.2% during the 2nd quarter. Wealthfront Advisers LLC now owns 1,782,762 shares of the company’s stock worth $196,853,000 after acquiring an additional 248,584 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in iShares Short Treasury Bond ETF by 11.3% in the 2nd quarter. Raymond James Financial Inc. now owns 1,576,192 shares of the company’s stock worth $174,043,000 after acquiring an additional 160,138 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. boosted its holdings in iShares Short Treasury Bond ETF by 1.8% in the 2nd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,544,694 shares of the company’s stock worth $170,000,000 after acquiring an additional 26,689 shares during the period. Finally, NFP Retirement Inc. grew its position in iShares Short Treasury Bond ETF by 45.3% in the second quarter. NFP Retirement Inc. now owns 1,245,522 shares of the company’s stock valued at $137,531,000 after acquiring an additional 388,096 shares in the last quarter. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

SHV opened at $110.25 on Tuesday. The firm’s 50 day moving average is $110.23 and its 200-day moving average is $110.28. iShares Short Treasury Bond ETF has a 52-week low of $110.02 and a 52-week high of $110.51.

iShares Short Treasury Bond ETF Cuts Dividend

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

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.