Millennium Management LLC Acquires 39,141 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Millennium Management LLC boosted its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 11.0% during the 4th quarter, Holdings Channel.com reports. The fund owned 395,503 shares of the company’s stock after purchasing an additional 39,141 shares during the quarter. Millennium Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $43,549,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SHV. Transce3nd LLC purchased a new stake in iShares Short Treasury Bond ETF in the 4th quarter valued at about $26,000. Synergy Asset Management LLC purchased a new stake in iShares Short Treasury Bond ETF in the 4th quarter valued at about $51,000. BTG Pactual Asset Management US LLC purchased a new stake in shares of iShares Short Treasury Bond ETF during the 4th quarter worth approximately $55,000. Strategic Investment Solutions Inc. IL increased its stake in shares of iShares Short Treasury Bond ETF by 249.7% during the 4th quarter. Strategic Investment Solutions Inc. IL now owns 521 shares of the company’s stock worth $57,000 after purchasing an additional 372 shares during the last quarter. Finally, Kestra Investment Management LLC purchased a new stake in shares of iShares Short Treasury Bond ETF during the 4th quarter worth approximately $97,000. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

Shares of SHV stock opened at $110.28 on Friday. The company has a 50 day moving average of $110.27 and a 200-day moving average of $110.26. 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 Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, May 6th. Stockholders of record on Thursday, May 1st were paid a dividend of $0.372 per share. The ex-dividend date of this dividend was Thursday, May 1st. This is a positive change from iShares Short Treasury Bond ETF’s previous dividend of $0.36.

iShares Short Treasury Bond ETF Profile

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.