Synergy Asset Management LLC Purchases New Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Synergy Asset Management LLC purchased a new stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 462 shares of the company’s stock, valued at approximately $51,000.

Several other institutional investors have also recently added to or reduced their stakes in SHV. JPMorgan Chase & Co. increased its position in iShares Short Treasury Bond ETF by 23.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,031,532 shares of the company’s stock valued at $999,158,000 after acquiring an additional 1,732,399 shares during the period. FMR LLC boosted its holdings in iShares Short Treasury Bond ETF by 337.6% in the 3rd quarter. FMR LLC now owns 2,069,990 shares of the company’s stock valued at $229,003,000 after purchasing an additional 1,596,924 shares in the last quarter. Janney Montgomery Scott LLC purchased a new stake in iShares Short Treasury Bond ETF in the 3rd quarter valued at approximately $27,104,000. Whalen Wealth Management Inc. boosted its holdings in iShares Short Treasury Bond ETF by 442.7% in the 4th quarter. Whalen Wealth Management Inc. now owns 262,678 shares of the company’s stock valued at $28,923,000 after purchasing an additional 214,280 shares in the last quarter. Finally, Presidio Capital Management LLC purchased a new stake in iShares Short Treasury Bond ETF in the 3rd quarter valued at approximately $15,477,000. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Up 0.0 %

Shares of SHV opened at $110.47 on Friday. iShares Short Treasury Bond ETF has a twelve month low of $109.91 and a twelve month high of $110.64. The stock’s 50 day moving average is $110.24 and its two-hundred day moving average is $110.32.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.4268 dividend. This represents a $5.12 dividend on an annualized basis and a yield of 4.64%. The ex-dividend date of this dividend was Wednesday, December 18th.

iShares Short Treasury Bond ETF 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.