Stanley Laman Group Ltd. Boosts Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Stanley Laman Group Ltd. increased its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 9.1% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 3,459 shares of the company’s stock after buying an additional 289 shares during the quarter. Stanley Laman Group Ltd.’s holdings in iShares Short Treasury Bond ETF were worth $382,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in SHV. Menard Financial Group LLC purchased a new stake in iShares Short Treasury Bond ETF during the fourth quarter worth about $25,000. Transce3nd LLC purchased a new position in shares of iShares Short Treasury Bond ETF in the fourth quarter worth about $26,000. BTG Pactual Asset Management US LLC purchased a new position in shares of iShares Short Treasury Bond ETF in the fourth quarter worth about $55,000. Strategic Investment Solutions Inc. IL increased its stake in shares of iShares Short Treasury Bond ETF by 249.7% in the fourth quarter. Strategic Investment Solutions Inc. IL now owns 521 shares of the company’s stock worth $57,000 after purchasing an additional 372 shares in the last quarter. Finally, Laurel Wealth Advisors LLC purchased a new position in shares of iShares Short Treasury Bond ETF in the first quarter worth about $86,000. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Trading Up 0.0%

SHV opened at $110.24 on Friday. The firm has a 50-day moving average price of $110.26 and a 200-day moving average price of $110.25. iShares Short Treasury Bond ETF has a twelve month low of $109.91 and a twelve month high of $110.64.

iShares Short Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd were paid a $0.397 dividend. This is an increase from iShares Short Treasury Bond ETF’s previous dividend of $0.37. The ex-dividend date was Monday, June 2nd.

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.