Brighton Jones LLC Invests $572,000 in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Brighton Jones LLC purchased a new stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) in the 4th quarter, Holdings Channel reports. The fund purchased 5,199 shares of the company’s stock, valued at approximately $572,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Trilogy Capital Inc. raised its holdings in shares of iShares Short Treasury Bond ETF by 1.5% in the third quarter. Trilogy Capital Inc. now owns 6,326 shares of the company’s stock valued at $700,000 after buying an additional 92 shares during the last quarter. Fortis Advisors LLC increased its position in iShares Short Treasury Bond ETF by 1.3% in the 3rd quarter. Fortis Advisors LLC now owns 7,736 shares of the company’s stock valued at $856,000 after acquiring an additional 99 shares in the last quarter. Destination Wealth Management raised its stake in shares of iShares Short Treasury Bond ETF by 0.9% in the third quarter. Destination Wealth Management now owns 10,667 shares of the company’s stock worth $1,180,000 after acquiring an additional 100 shares during the last quarter. KWB Wealth lifted its position in shares of iShares Short Treasury Bond ETF by 1.3% during the third quarter. KWB Wealth now owns 8,421 shares of the company’s stock worth $931,000 after purchasing an additional 107 shares in the last quarter. Finally, Voya Financial Advisors Inc. grew its stake in shares of iShares Short Treasury Bond ETF by 1.9% during the third quarter. Voya Financial Advisors Inc. now owns 5,867 shares of the company’s stock valued at $649,000 after purchasing an additional 111 shares during the last quarter. 7.10% of the stock is currently owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Stock Performance

SHV stock opened at $110.42 on Monday. The company has a 50 day moving average price of $110.23 and a 200 day moving average price of $110.32. iShares Short Treasury Bond ETF has a fifty-two week low of $109.91 and a fifty-two week high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a dividend of $0.4268 per share. This represents a $5.12 annualized dividend and a dividend yield of 4.64%. The ex-dividend date was Wednesday, December 18th.

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.