Dover Advisors LLC Takes Position in iShares Short Treasury Bond ETF $SHV

Dover Advisors LLC acquired a new position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 25,028 shares of the company’s stock, valued at approximately $2,765,000. iShares Short Treasury Bond ETF comprises about 1.1% of Dover Advisors LLC’s investment portfolio, making the stock its 21st largest holding.

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

iShares Short Treasury Bond ETF Stock Performance

NASDAQ:SHV opened at $110.32 on Friday. The firm’s 50-day moving average is $110.24 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 $110.50.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a $0.342 dividend. 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.