Sunpointe LLC Makes New $1.60 Million Investment in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Sunpointe LLC bought a new position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHVFree Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 14,548 shares of the company’s stock, valued at approximately $1,602,000. iShares Short Treasury Bond ETF accounts for approximately 2.0% of Sunpointe LLC’s investment portfolio, making the stock its 10th largest holding.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Burford Brothers Inc. acquired a new stake in shares of iShares Short Treasury Bond ETF in the 4th quarter worth about $1,872,000. Clarity Asset Management Inc. bought a new position in shares of iShares Short Treasury Bond ETF during the 4th quarter valued at about $67,000. Forefront Analytics LLC boosted its position in shares of iShares Short Treasury Bond ETF by 0.9% during the 4th quarter. Forefront Analytics LLC now owns 12,259 shares of the company’s stock valued at $1,350,000 after purchasing an additional 105 shares in the last quarter. Gallagher Fiduciary Advisors LLC boosted its position in shares of iShares Short Treasury Bond ETF by 1.1% during the 4th quarter. Gallagher Fiduciary Advisors LLC now owns 55,606 shares of the company’s stock valued at $6,124,000 after purchasing an additional 620 shares in the last quarter. Finally, Buckingham Strategic Wealth LLC boosted its position in shares of iShares Short Treasury Bond ETF by 17.2% during the 4th quarter. Buckingham Strategic Wealth LLC now owns 136,671 shares of the company’s stock valued at $15,052,000 after purchasing an additional 20,035 shares in the last quarter. 7.10% of the stock is owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Stock Performance

Shares of NASDAQ:SHV traded up $0.05 during trading hours on Friday, hitting $110.28. 1,732,471 shares of the company’s stock traded hands, compared to its average volume of 2,351,581. iShares Short Treasury Bond ETF has a 52 week low of $109.85 and a 52 week high of $110.60. The company’s fifty day simple moving average is $110.27 and its two-hundred day simple moving average is $110.27.

iShares Short Treasury Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were issued a dividend of $0.4723 per share. The ex-dividend date was Monday, June 3rd. This represents a $5.67 dividend on an annualized basis and a dividend yield of 5.14%.

iShares Short Treasury Bond ETF Company 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.

See Also

Institutional Ownership by Quarter for iShares Short Treasury Bond ETF (NASDAQ:SHV)

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