iShares Short Treasury Bond ETF (NASDAQ:SHV) is Able Wealth Management LLC’s Largest Position

Able Wealth Management LLC lifted its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 9.2% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 203,430 shares of the company’s stock after buying an additional 17,210 shares during the period. iShares Short Treasury Bond ETF makes up approximately 14.7% of Able Wealth Management LLC’s portfolio, making the stock its biggest holding. Able Wealth Management LLC owned 0.12% of iShares Short Treasury Bond ETF worth $22,400,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of SHV. MidAtlantic Capital Management Inc. bought a new stake in shares of iShares Short Treasury Bond ETF in the 3rd quarter worth approximately $48,000. Glass Jacobson Investment Advisors llc increased its position in iShares Short Treasury Bond ETF by 55.5% in the third quarter. Glass Jacobson Investment Advisors llc now owns 454 shares of the company’s stock worth $50,000 after buying an additional 162 shares during the last quarter. Synergy Asset Management LLC purchased a new stake in iShares Short Treasury Bond ETF in the fourth quarter worth $51,000. Bristlecone Advisors LLC bought a new stake in shares of iShares Short Treasury Bond ETF in the third quarter valued at $83,000. Finally, Kestra Investment Management LLC purchased a new position in shares of iShares Short Treasury Bond ETF during the 4th quarter valued at $97,000. 7.10% of the stock is owned by institutional investors.

iShares Short Treasury Bond ETF Price Performance

Shares of SHV opened at $110.31 on Thursday. iShares Short Treasury Bond ETF has a fifty-two week low of $109.91 and a fifty-two week high of $110.64. The business has a 50-day moving average of $110.22 and a 200 day moving average of $110.31.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.4033 dividend. The ex-dividend date was Monday, February 3rd.

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.