Valmark Advisers Inc. Makes New $462,000 Investment in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Valmark Advisers Inc. purchased a new stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 4,175 shares of the company’s stock, valued at approximately $462,000.

A number of other hedge funds have also modified their holdings of SHV. Diversify Advisory Services LLC acquired a new stake in iShares Short Treasury Bond ETF in the first quarter worth $2,047,000. Capstone Wealth Management Group LLC raised its stake in iShares Short Treasury Bond ETF by 19.2% during the 2nd quarter. Capstone Wealth Management Group LLC now owns 110,156 shares of the company’s stock worth $12,172,000 after buying an additional 17,721 shares during the period. Karpus Management Inc. lifted its holdings in iShares Short Treasury Bond ETF by 70.2% during the first quarter. Karpus Management Inc. now owns 23,000 shares of the company’s stock worth $2,542,000 after acquiring an additional 9,490 shares in the last quarter. Daymark Wealth Partners LLC grew its stake in iShares Short Treasury Bond ETF by 7.6% in the third quarter. Daymark Wealth Partners LLC now owns 2,467 shares of the company’s stock valued at $273,000 after acquiring an additional 174 shares during the period. Finally, Vontobel Holding Ltd. bought a new stake in shares of iShares Short Treasury Bond ETF in the third quarter worth about $519,000. 7.10% of the stock is currently owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Trading Up 0.0 %

NASDAQ:SHV opened at $110.55 on Thursday. The business’s 50-day simple moving average is $110.41 and its 200-day simple moving average is $110.33. iShares Short Treasury Bond ETF has a fifty-two week low of $109.85 and a fifty-two week high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a $0.4755 dividend. The ex-dividend date was Tuesday, September 3rd.

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.