Sovran Advisors LLC Invests $553,000 in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Sovran Advisors LLC purchased a new position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 5,015 shares of the company’s stock, valued at approximately $553,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Silicon Valley Capital Partners lifted its position in iShares Short Treasury Bond ETF by 329,208.8% in the fourth quarter. Silicon Valley Capital Partners now owns 111,965 shares of the company’s stock valued at $12,329,000 after purchasing an additional 111,931 shares during the period. Gunma Bank Ltd. increased its position in iShares Short Treasury Bond ETF by 112.5% during the 4th quarter. Gunma Bank Ltd. now owns 170,000 shares of the company’s stock worth $18,719,000 after purchasing an additional 90,000 shares during the period. Fonville Wealth Management LLC raised its stake in shares of iShares Short Treasury Bond ETF by 105.5% during the 4th quarter. Fonville Wealth Management LLC now owns 7,798 shares of the company’s stock worth $859,000 after buying an additional 4,003 shares in the last quarter. Savant Capital LLC lifted its holdings in shares of iShares Short Treasury Bond ETF by 188.4% in the 4th quarter. Savant Capital LLC now owns 7,281 shares of the company’s stock valued at $802,000 after buying an additional 4,756 shares during the period. Finally, Kestra Private Wealth Services LLC boosted its stake in shares of iShares Short Treasury Bond ETF by 8.4% in the fourth quarter. Kestra Private Wealth Services LLC now owns 4,247 shares of the company’s stock valued at $468,000 after buying an additional 329 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 Price Performance

Shares of SHV stock opened at $110.20 on Thursday. The business’s fifty day moving average price is $110.22 and its 200 day moving average price is $110.31. iShares Short Treasury Bond ETF has a 1-year low of $109.91 and a 1-year high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.4033 per share. The ex-dividend date of this dividend was Monday, February 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.