iShares Short Treasury Bond ETF $SHV Position Boosted by Freedom Investment Management Inc.

Freedom Investment Management Inc. increased its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 7.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,685 shares of the company’s stock after buying an additional 244 shares during the quarter. Freedom Investment Management Inc.’s holdings in iShares Short Treasury Bond ETF were worth $407,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SHV. Marks Wealth LLC bought a new position in iShares Short Treasury Bond ETF in the 1st quarter worth approximately $155,771,000. Wealthfront Advisers LLC grew its holdings in iShares Short Treasury Bond ETF by 108.4% in the 1st quarter. Wealthfront Advisers LLC now owns 1,534,178 shares of the company’s stock worth $169,465,000 after buying an additional 798,167 shares in the last quarter. Summit Financial LLC bought a new position in iShares Short Treasury Bond ETF during the 1st quarter valued at $64,786,000. Assetmark Inc. boosted its stake in iShares Short Treasury Bond ETF by 1,031.3% during the 1st quarter. Assetmark Inc. now owns 621,766 shares of the company’s stock valued at $68,680,000 after purchasing an additional 566,807 shares in the last quarter. Finally, Mullooly Asset Management Inc. bought a new position in iShares Short Treasury Bond ETF during the 1st quarter valued at $41,366,000. 7.10% of the stock is owned by institutional investors.

iShares Short Treasury Bond ETF Stock Up 0.0%

Shares of NASDAQ SHV opened at $110.43 on Monday. The stock has a fifty day moving average price of $110.33 and a two-hundred day moving average price of $110.28. iShares Short Treasury Bond ETF has a 1 year low of $109.91 and a 1 year high of $110.57.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were paid a dividend of $0.3674 per share. The ex-dividend date of this dividend was Wednesday, October 1st.

iShares Short Treasury Bond ETF Company 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.