Geometric Wealth Advisors Takes $700,000 Position in iShares Short Treasury Bond ETF $SHV

Geometric Wealth Advisors bought a new position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 6,336 shares of the company’s stock, valued at approximately $700,000.

Several other institutional investors have also recently added to or reduced their stakes in SHV. Elevation Point Wealth Partners LLC purchased a new position in iShares Short Treasury Bond ETF in the second quarter valued at approximately $55,000. Atlantic Union Bankshares Corp acquired a new position in shares of iShares Short Treasury Bond ETF in the 2nd quarter valued at $56,000. Highline Wealth Partners LLC grew its position in shares of iShares Short Treasury Bond ETF by 355.8% in the 3rd quarter. Highline Wealth Partners LLC now owns 515 shares of the company’s stock valued at $57,000 after buying an additional 402 shares during the last quarter. Asset Dedication LLC grew its position in shares of iShares Short Treasury Bond ETF by 596.0% in the 2nd quarter. Asset Dedication LLC now owns 696 shares of the company’s stock valued at $77,000 after buying an additional 596 shares during the last quarter. Finally, Traub Capital Management LLC acquired a new stake in iShares Short Treasury Bond ETF during the 2nd quarter worth $119,000. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

Shares of SHV opened at $110.32 on Monday. iShares Short Treasury Bond ETF has a 1-year low of $110.02 and a 1-year high of $110.50. The firm has a fifty day moving average price of $110.24 and a 200 day moving average price of $110.28.

iShares Short Treasury Bond ETF Cuts Dividend

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

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.