DAVENPORT & Co LLC Boosts Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

DAVENPORT & Co LLC boosted its position in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 183.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 56,994 shares of the company’s stock after buying an additional 36,899 shares during the period. DAVENPORT & Co LLC’s holdings in iShares Short Treasury Bond ETF were worth $6,276,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. MidAtlantic Capital Management Inc. purchased a new stake in shares of iShares Short Treasury Bond ETF during the 3rd quarter worth $48,000. Glass Jacobson Investment Advisors llc lifted its holdings in 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 valued at $50,000 after purchasing an additional 162 shares in the last quarter. Synergy Asset Management LLC purchased a new position in iShares Short Treasury Bond ETF in the 4th quarter valued at about $51,000. Bristlecone Advisors LLC purchased a new position in iShares Short Treasury Bond ETF in the 3rd quarter valued at about $83,000. Finally, Beaird Harris Wealth Management LLC lifted its holdings in shares of iShares Short Treasury Bond ETF by 580.5% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 1,674 shares of the company’s stock worth $185,000 after acquiring an additional 1,428 shares during the period. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Trading Down 0.3 %

Shares of SHV stock opened at $110.12 on Tuesday. iShares Short Treasury Bond ETF has a 1-year low of $109.91 and a 1-year high of $110.64. The firm’s 50-day simple moving average is $110.24 and its 200-day simple moving average is $110.32.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd will be issued a dividend of $0.4033 per share. The ex-dividend date of this dividend is Monday, February 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.