Assetmark Inc. Has $75.63 Million Holdings in iShares Short Treasury Bond ETF $SHV

Assetmark Inc. boosted its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 1.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 686,636 shares of the company’s stock after buying an additional 12,683 shares during the period. Assetmark Inc. owned about 0.38% of iShares Short Treasury Bond ETF worth $75,633,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of SHV. Bank of America Corp DE raised its holdings in iShares Short Treasury Bond ETF by 22.3% during the 2nd quarter. Bank of America Corp DE now owns 3,172,414 shares of the company’s stock worth $350,298,000 after buying an additional 579,074 shares during the period. Maseco LLP acquired a new stake in iShares Short Treasury Bond ETF during the 4th quarter worth about $37,518,000. UBS Group AG raised its holdings in iShares Short Treasury Bond ETF by 11.3% during the 3rd quarter. UBS Group AG now owns 2,154,863 shares of the company’s stock worth $238,091,000 after buying an additional 219,146 shares during the period. Wealthfront Advisers LLC raised its holdings in iShares Short Treasury Bond ETF by 10.0% during the 3rd quarter. Wealthfront Advisers LLC now owns 1,960,677 shares of the company’s stock worth $216,635,000 after buying an additional 177,915 shares during the period. Finally, Raymond James Financial Inc. increased its holdings in shares of 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 valued at $174,043,000 after purchasing an additional 160,138 shares during the period. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Trading Up 0.0%

Shares of SHV opened at $110.21 on Tuesday. iShares Short Treasury Bond ETF has a fifty-two week low of $110.02 and a fifty-two week high of $110.50. The business’s 50-day moving average is $110.23 and its 200-day moving average is $110.26.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a $0.342 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend 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.