Fortis Advisors LLC Increases Stock Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Fortis Advisors LLC grew its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 1.5% during the 4th quarter, HoldingsChannel reports. The fund owned 7,853 shares of the company’s stock after acquiring an additional 117 shares during the quarter. Fortis Advisors LLC’s holdings in iShares Short Treasury Bond ETF were worth $865,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Benjamin F. Edwards & Company Inc. bought a new stake in iShares Short Treasury Bond ETF in the second quarter valued at $43,000. MidAtlantic Capital Management Inc. bought a new position in iShares Short Treasury Bond ETF during the 3rd quarter valued at about $48,000. Glass Jacobson Investment Advisors llc lifted its stake in shares of iShares Short Treasury Bond ETF by 55.5% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 454 shares of the company’s stock worth $50,000 after purchasing an additional 162 shares during the period. Abich Financial Wealth Management LLC lifted its stake in shares of iShares Short Treasury Bond ETF by 21.7% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 718 shares of the company’s stock worth $79,000 after purchasing an additional 128 shares during the period. Finally, Bristlecone Advisors LLC bought a new position in shares of iShares Short Treasury Bond ETF in the 3rd quarter worth approximately $83,000. 7.10% of the stock is owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Price Performance

iShares Short Treasury Bond ETF stock opened at $110.25 on Tuesday. The firm has a 50 day moving average of $110.22 and a 200 day moving average of $110.31. iShares Short Treasury Bond ETF has a 12-month low of $109.91 and a 12-month high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.4268 per share. This represents a $5.12 dividend on an annualized basis and a yield of 4.65%. The ex-dividend date was Wednesday, December 18th.

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.