Baron Wealth Management LLC Buys 707 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Baron Wealth Management LLC raised its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 21.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,953 shares of the company’s stock after acquiring an additional 707 shares during the quarter. Baron Wealth Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $437,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Capstone Wealth Management Group LLC increased its stake in shares of iShares Short Treasury Bond ETF by 19.2% in the second quarter. Capstone Wealth Management Group LLC now owns 110,156 shares of the company’s stock valued at $12,172,000 after buying an additional 17,721 shares in the last quarter. Karpus Management Inc. increased its stake in shares of iShares Short Treasury Bond ETF by 70.2% in the first quarter. Karpus Management Inc. now owns 23,000 shares of the company’s stock valued at $2,542,000 after buying an additional 9,490 shares in the last quarter. Vontobel Holding Ltd. acquired a new stake in shares of iShares Short Treasury Bond ETF in the third quarter valued at $519,000. Daymark Wealth Partners LLC increased its position 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 worth $273,000 after purchasing an additional 174 shares during the period. Finally, Ascent Group LLC increased its position in iShares Short Treasury Bond ETF by 1.2% in the first quarter. Ascent Group LLC now owns 14,558 shares of the company’s stock worth $1,609,000 after purchasing an additional 172 shares during the period. 7.10% of the stock is owned by institutional investors.

iShares Short Treasury Bond ETF Trading Up 0.0 %

Shares of SHV stock opened at $110.33 on Tuesday. The stock has a 50-day moving average price of $110.37 and a 200 day moving average price of $110.33. iShares Short Treasury Bond ETF has a 12 month low of $109.85 and a 12 month high of $110.64.

iShares Short Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a $0.4668 dividend. This represents a $5.60 dividend on an annualized basis and a yield of 5.08%. This is a positive change from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.47. The ex-dividend date of this dividend was Friday, November 1st.

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.