Jessup Wealth Management Inc Increases Stock Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Jessup Wealth Management Inc increased its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 5.9% in the 3rd quarter, Holdings Channel.com reports. The fund owned 2,344 shares of the company’s stock after acquiring an additional 130 shares during the quarter. Jessup Wealth Management Inc’s holdings in iShares Short Treasury Bond ETF were worth $259,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. J.Safra Asset Management Corp lifted its position in shares of iShares Short Treasury Bond ETF by 78.6% in the first quarter. J.Safra Asset Management Corp now owns 250 shares of the company’s stock valued at $28,000 after acquiring an additional 110 shares in the last quarter. Rothschild Investment LLC acquired a new stake in shares of iShares Short Treasury Bond ETF during the second quarter valued at about $40,000. Benjamin F. Edwards & Company Inc. acquired a new stake in iShares Short Treasury Bond ETF in the 2nd quarter valued at approximately $43,000. Massmutual Trust Co. FSB ADV purchased a new stake in shares of iShares Short Treasury Bond ETF in the 2nd quarter valued at $48,000. Finally, Financial Gravity Asset Management Inc. lifted its position in shares of iShares Short Treasury Bond ETF by 1,323.5% during the second quarter. Financial Gravity Asset Management Inc. now owns 484 shares of the company’s stock worth $53,000 after purchasing an additional 450 shares in the last quarter. 7.10% of the stock is currently owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Price Performance

iShares Short Treasury Bond ETF stock traded up $0.06 during mid-day trading on Friday, reaching $110.34. 1,636,644 shares of the company’s stock were exchanged, compared to its average volume of 2,765,119. The company has a fifty day moving average of $110.37 and a 200-day moving average of $110.32. iShares Short Treasury Bond ETF has a twelve month low of $109.85 and a twelve month high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.4755 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.