1834 Investment Advisors Co. Has $1.26 Million Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

by · The Cerbat Gem

1834 Investment Advisors Co. lessened its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV – Free Report) by 47.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,405 shares of the company’s stock after selling 10,503 shares during the period. 1834 Investment Advisors Co.’s holdings in iShares Short Treasury Bond ETF were worth $1,262,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of SHV. LPL Financial LLC lifted its position in iShares Short Treasury Bond ETF by 4.7% in the 2nd quarter. LPL Financial LLC now owns 1,785,274 shares of the company’s stock worth $197,273,000 after buying an additional 80,700 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of iShares Short Treasury Bond ETF by 6.7% in the second quarter. Envestnet Asset Management Inc. now owns 1,583,675 shares of the company’s stock worth $174,996,000 after acquiring an additional 99,530 shares during the last quarter. Divergent Wealth Advisors raised its holdings in shares of iShares Short Treasury Bond ETF by 5.5% during the third quarter. Divergent Wealth Advisors now owns 1,156,791 shares of the company’s stock worth $127,976,000 after acquiring an additional 60,638 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in iShares Short Treasury Bond ETF by 18.7% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 1,131,236 shares of the company’s stock valued at $125,002,000 after purchasing an additional 178,574 shares during the last quarter. Finally, Anchor Capital Advisors LLC grew its stake in iShares Short Treasury Bond ETF by 116.1% in the second quarter. Anchor Capital Advisors LLC now owns 971,521 shares of the company’s stock valued at $107,353,000 after purchasing an additional 521,879 shares in the last quarter. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

Shares of SHV stock opened at $110.17 on Wednesday. iShares Short Treasury Bond ETF has a fifty-two week low of $109.85 and a fifty-two week high of $110.64. The stock’s 50-day moving average is $110.39 and its two-hundred day moving average is $110.33.

iShares Short Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, November 6th. Investors of record on Friday, November 1st will be issued a $0.4668 dividend. The ex-dividend date is Friday, November 1st. This represents a $5.60 dividend on an annualized basis and a yield of 5.09%. This is an increase from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.47.

iShares Short Treasury Bond ETF Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding SHV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Short Treasury Bond ETF (NASDAQ:SHV – Free Report).