Archford Capital Strategies LLC Makes New $579,000 Investment in iShares Short Treasury Bond ETF $SHV

Archford Capital Strategies LLC bought a new position in iShares Short Treasury Bond ETF (NASDAQ:SHV) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 5,254 shares of the company’s stock, valued at approximately $579,000.

Several other institutional investors also recently modified their holdings of the business. Core Wealth Partners LLC increased its position in iShares Short Treasury Bond ETF by 0.4% in the third quarter. Core Wealth Partners LLC now owns 25,131 shares of the company’s stock worth $2,777,000 after buying an additional 97 shares during the last quarter. Tower Research Capital LLC TRC lifted its position in shares of iShares Short Treasury Bond ETF by 0.3% during the third quarter. Tower Research Capital LLC TRC now owns 38,862 shares of the company’s stock worth $4,294,000 after acquiring an additional 103 shares in the last quarter. Spinnaker Investment Group LLC lifted its position in shares of iShares Short Treasury Bond ETF by 1.3% during the fourth quarter. Spinnaker Investment Group LLC now owns 8,960 shares of the company’s stock worth $987,000 after acquiring an additional 113 shares in the last quarter. Pure Portfolios Holdings LLC boosted its holdings in shares of iShares Short Treasury Bond ETF by 1.0% in the third quarter. Pure Portfolios Holdings LLC now owns 11,244 shares of the company’s stock worth $1,242,000 after acquiring an additional 116 shares during the period. Finally, Schrum Private Wealth Management LLC grew its position in shares of iShares Short Treasury Bond ETF by 1.6% in the third quarter. Schrum Private Wealth Management LLC now owns 7,541 shares of the company’s stock valued at $833,000 after purchasing an additional 118 shares in the last quarter. 7.10% of the stock is owned by institutional investors.

iShares Short Treasury Bond ETF Price Performance

Shares of iShares Short Treasury Bond ETF stock opened at $110.08 on Thursday. The company’s 50-day moving average price is $110.26 and its 200-day moving average price is $110.27. iShares Short Treasury Bond ETF has a 12-month low of $110.02 and a 12-month high of $110.50.

iShares Short Treasury Bond ETF Cuts Dividend

The business 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 was Monday, February 2nd. This represents a c) annualized dividend and a yield of 3.7%.

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.