Birchcreek Wealth Management LLC Raises Stock Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Birchcreek Wealth Management LLC boosted its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 80.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 86,293 shares of the company’s stock after acquiring an additional 38,404 shares during the quarter. iShares Short Treasury Bond ETF accounts for approximately 5.7% of Birchcreek Wealth Management LLC’s portfolio, making the stock its 3rd largest position. Birchcreek Wealth Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $9,503,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Morgan Stanley boosted its position in shares of iShares Short Treasury Bond ETF by 0.4% in the 3rd quarter. Morgan Stanley now owns 7,544,605 shares of the company’s stock worth $833,453,000 after purchasing an additional 29,786 shares during the last quarter. Gateway Advisory LLC boosted its holdings in iShares Short Treasury Bond ETF by 6.8% during the third quarter. Gateway Advisory LLC now owns 1,654,317 shares of the company’s stock worth $182,752,000 after buying an additional 105,580 shares during the last quarter. Anchor Capital Advisors LLC increased its stake in shares of iShares Short Treasury Bond ETF by 282.1% in the 3rd quarter. Anchor Capital Advisors LLC now owns 1,512,931 shares of the company’s stock valued at $167,133,000 after acquiring an additional 1,116,959 shares during the last quarter. Truist Financial Corp raised its position in shares of iShares Short Treasury Bond ETF by 25.4% in the 4th quarter. Truist Financial Corp now owns 1,512,329 shares of the company’s stock valued at $166,553,000 after acquiring an additional 306,437 shares during the period. Finally, LPL Financial LLC boosted its stake in iShares Short Treasury Bond ETF by 10.5% during the 3rd quarter. LPL Financial LLC now owns 1,439,607 shares of the company’s stock worth $159,033,000 after acquiring an additional 136,851 shares during the last quarter. 7.10% of the stock is owned by institutional investors.

iShares Short Treasury Bond ETF Trading Up 0.0 %

SHV traded up $0.01 during mid-day trading on Monday, hitting $110.46. The stock had a trading volume of 1,362,819 shares, compared to its average volume of 2,349,712. iShares Short Treasury Bond ETF has a 1-year low of $109.85 and a 1-year high of $110.60. The stock’s fifty day simple moving average is $110.31 and its 200-day simple moving average is $110.29.

iShares Short Treasury Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a dividend of $0.4819 per share. The ex-dividend date was Monday, April 1st. This represents a $5.78 annualized dividend and a yield of 5.24%.

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.