Wells Fargo & Company MN Purchases 137,455 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Wells Fargo & Company MN lifted its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 3.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 3,850,840 shares of the company’s stock after acquiring an additional 137,455 shares during the quarter. Wells Fargo & Company MN’s holdings in iShares Short Treasury Bond ETF were worth $424,016,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in SHV. Glass Jacobson Investment Advisors llc increased its holdings in iShares Short Treasury Bond ETF by 55.5% during the third quarter. Glass Jacobson Investment Advisors llc now owns 454 shares of the company’s stock valued at $50,000 after buying an additional 162 shares during the last quarter. Synergy Asset Management LLC purchased a new position in iShares Short Treasury Bond ETF during the fourth quarter valued at $51,000. Kestra Investment Management LLC bought a new stake in iShares Short Treasury Bond ETF during the fourth quarter valued at about $97,000. Harbour Investments Inc. increased its position in iShares Short Treasury Bond ETF by 44.0% in the fourth quarter. Harbour Investments Inc. now owns 1,106 shares of the company’s stock worth $122,000 after buying an additional 338 shares in the last quarter. Finally, Values First Advisors Inc. raised its stake in shares of iShares Short Treasury Bond ETF by 294.2% in the fourth quarter. Values First Advisors Inc. now owns 1,490 shares of the company’s stock worth $164,000 after buying an additional 1,112 shares during the period. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Stock Up 0.0 %

SHV stock opened at $110.17 on Friday. The business’s 50-day moving average price is $110.28 and its 200-day moving average price is $110.29. iShares Short Treasury Bond ETF has a twelve month low of $109.91 and a twelve month high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were issued a dividend of $0.3836 per share. This represents a $4.60 annualized dividend and a yield of 4.18%. The ex-dividend date was Tuesday, April 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.