iShares Short Treasury Bond ETF (NASDAQ:SHV) Shares Bought by The Manufacturers Life Insurance Company

Posted by Joseph Griffin on Dec 2nd, 2024

The Manufacturers Life Insurance Company lifted its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV – Free Report) by 8.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 126,443 shares of the company’s stock after buying an additional 10,182 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in iShares Short Treasury Bond ETF were worth $13,988,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Rothschild Investment LLC purchased a new position in iShares Short Treasury Bond ETF in the second quarter worth approximately $40,000. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of iShares Short Treasury Bond ETF in the 2nd quarter valued at $43,000. Massmutual Trust Co. FSB ADV purchased a new stake in shares of iShares Short Treasury Bond ETF during the 2nd quarter worth $48,000. MidAtlantic Capital Management Inc. acquired a new position in shares of iShares Short Treasury Bond ETF during the third quarter worth $48,000. Finally, Financial Gravity Asset Management Inc. grew its stake in shares of iShares Short Treasury Bond ETF by 1,323.5% during the second quarter. Financial Gravity Asset Management Inc. now owns 484 shares of the company’s stock worth $53,000 after purchasing an additional 450 shares in the last quarter. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Stock Performance

iShares Short Treasury Bond ETF stock opened at $110.50 on Monday. The stock’s fifty day moving average is $110.37 and its two-hundred day moving average is $110.34. iShares Short Treasury Bond ETF has a 1-year low of $109.85 and a 1-year high of $110.64.

iShares Short Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a dividend of $0.4668 per share. This represents a $5.60 annualized dividend and a dividend yield of 5.07%. The ex-dividend date was Friday, November 1st. This is a positive change from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.47.

iShares Short Treasury Bond ETF Company Profile

(Free Report)

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.