Farther Finance Advisors LLC Increases Stock Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Farther Finance Advisors LLC increased its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 843.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 116,550 shares of the company’s stock after purchasing an additional 104,200 shares during the period. Farther Finance Advisors LLC’s holdings in iShares Short Treasury Bond ETF were worth $12,833,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SHV. Fortis Advisors LLC grew its stake in iShares Short Treasury Bond ETF by 1.3% during the 3rd quarter. Fortis Advisors LLC now owns 7,736 shares of the company’s stock valued at $856,000 after purchasing an additional 99 shares during the last quarter. Destination Wealth Management grew its stake in iShares Short Treasury Bond ETF by 0.9% during the 3rd quarter. Destination Wealth Management now owns 10,667 shares of the company’s stock valued at $1,180,000 after purchasing an additional 100 shares during the last quarter. KWB Wealth grew its stake in iShares Short Treasury Bond ETF by 1.3% during the 4th quarter. KWB Wealth now owns 8,531 shares of the company’s stock valued at $944,000 after purchasing an additional 110 shares during the last quarter. Gladstone Institutional Advisory LLC grew its stake in iShares Short Treasury Bond ETF by 2.2% during the 4th quarter. Gladstone Institutional Advisory LLC now owns 5,039 shares of the company’s stock valued at $555,000 after purchasing an additional 110 shares during the last quarter. Finally, Voya Financial Advisors Inc. grew its stake in iShares Short Treasury Bond ETF by 1.9% during the 3rd quarter. Voya Financial Advisors Inc. now owns 5,867 shares of the company’s stock valued at $649,000 after purchasing an additional 111 shares during the last quarter. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Stock Performance

Shares of SHV opened at $110.22 on Wednesday. iShares Short Treasury Bond ETF has a 52 week low of $109.91 and a 52 week high of $110.64. The stock’s 50-day moving average price is $110.27 and its 200-day moving average price is $110.30.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.3579 dividend. The ex-dividend date was Monday, March 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.