iShares Short Treasury Bond ETF $SHV is Able Wealth Management LLC’s Largest Position

Able Wealth Management LLC lifted its position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 72.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 370,179 shares of the company’s stock after purchasing an additional 154,913 shares during the quarter. iShares Short Treasury Bond ETF comprises approximately 12.9% of Able Wealth Management LLC’s holdings, making the stock its largest holding. Able Wealth Management LLC owned approximately 0.20% of iShares Short Treasury Bond ETF worth $40,775,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. 55 North Private Wealth LLC purchased a new stake in shares of iShares Short Treasury Bond ETF during the 4th quarter worth about $588,000. TD Waterhouse Canada Inc. grew its holdings in shares of iShares Short Treasury Bond ETF by 65.0% during the 4th quarter. TD Waterhouse Canada Inc. now owns 17,232 shares of the company’s stock worth $1,898,000 after purchasing an additional 6,787 shares during the period. Benedict Financial Advisors Inc. grew its holdings in shares of iShares Short Treasury Bond ETF by 7.7% during the 4th quarter. Benedict Financial Advisors Inc. now owns 13,284 shares of the company’s stock worth $1,463,000 after purchasing an additional 947 shares during the period. Sage Financial Group Inc. grew its holdings in shares of iShares Short Treasury Bond ETF by 64.9% during the 4th quarter. Sage Financial Group Inc. now owns 5,425 shares of the company’s stock worth $598,000 after purchasing an additional 2,135 shares during the period. Finally, Forum Financial Management LP grew its holdings in shares of iShares Short Treasury Bond ETF by 9.5% during the 4th quarter. Forum Financial Management LP now owns 33,548 shares of the company’s stock worth $3,695,000 after purchasing an additional 2,920 shares during the period. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

Shares of NASDAQ:SHV opened at $110.28 on Tuesday. iShares Short Treasury Bond ETF has a 1 year low of $110.02 and a 1 year high of $110.50. The stock has a 50-day simple moving average of $110.24 and a 200-day simple moving average of $110.26.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a dividend of $0.342 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend 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.