Sovran Advisors LLC Invests $553,000 in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Sovran Advisors LLC acquired a new stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 5,015 shares of the company’s stock, valued at approximately $553,000.

Several other hedge funds have also recently bought and sold shares of SHV. Trilogy Capital Inc. raised its position in iShares Short Treasury Bond ETF by 1.5% during the third quarter. Trilogy Capital Inc. now owns 6,326 shares of the company’s stock worth $700,000 after acquiring an additional 92 shares during the last quarter. Fortis Advisors LLC increased its stake in shares of iShares Short Treasury Bond ETF by 1.3% during the 3rd quarter. Fortis Advisors LLC now owns 7,736 shares of the company’s stock worth $856,000 after purchasing an additional 99 shares in the last quarter. Destination Wealth Management raised its position in shares of iShares Short Treasury Bond ETF by 0.9% during the 3rd quarter. Destination Wealth Management now owns 10,667 shares of the company’s stock worth $1,180,000 after purchasing an additional 100 shares during the last quarter. KWB Wealth lifted its stake in iShares Short Treasury Bond ETF by 1.3% in the 4th quarter. KWB Wealth now owns 8,531 shares of the company’s stock valued at $944,000 after buying an additional 110 shares in the last quarter. Finally, Voya Financial Advisors Inc. grew its holdings in iShares Short Treasury Bond ETF by 1.9% during the 3rd quarter. Voya Financial Advisors Inc. now owns 5,867 shares of the company’s stock valued at $649,000 after buying an additional 111 shares during the last quarter. 7.10% of the stock is owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Price Performance

iShares Short Treasury Bond ETF stock opened at $110.20 on Thursday. iShares Short Treasury Bond ETF has a fifty-two week low of $109.91 and a fifty-two week high of $110.64. The stock has a fifty day moving average of $110.22 and a two-hundred day moving average of $110.31.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.4033 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.