Rock Creek Group LP Boosts Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Rock Creek Group LP grew its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 100.0% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 53,006 shares of the company’s stock after buying an additional 26,503 shares during the period. iShares Short Treasury Bond ETF comprises approximately 0.7% of Rock Creek Group LP’s holdings, making the stock its 15th biggest position. Rock Creek Group LP’s holdings in iShares Short Treasury Bond ETF were worth $5,851,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Stone House Investment Management LLC purchased a new stake in iShares Short Treasury Bond ETF in the first quarter worth about $68,000. HighTower Advisors LLC increased its position in iShares Short Treasury Bond ETF by 74.9% in the first quarter. HighTower Advisors LLC now owns 397,472 shares of the company’s stock worth $43,905,000 after buying an additional 170,250 shares in the last quarter. Elevation Capital Advisory LLC purchased a new stake in iShares Short Treasury Bond ETF in the first quarter worth about $5,688,000. Core Wealth Partners LLC increased its position in iShares Short Treasury Bond ETF by 8.3% in the first quarter. Core Wealth Partners LLC now owns 24,561 shares of the company’s stock worth $2,713,000 after buying an additional 1,887 shares in the last quarter. Finally, Blueprint Financial Advisors LLC purchased a new stake in iShares Short Treasury Bond ETF in the first quarter worth about $7,064,000. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

Shares of SHV opened at $110.22 on Tuesday. The business has a 50-day simple moving average of $110.24 and a two-hundred day simple moving average of $110.27. iShares Short Treasury Bond ETF has a 52 week low of $109.91 and a 52 week high of $110.64.

iShares Short Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, August 6th. Investors of record on Friday, August 1st were given a dividend of $0.3847 per share. This is an increase from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.38. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Friday, August 1st.

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.