Whalen Wealth Management Inc. Raises Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Whalen Wealth Management Inc. increased its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 442.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 262,678 shares of the company’s stock after purchasing an additional 214,280 shares during the period. iShares Short Treasury Bond ETF makes up 20.1% of Whalen Wealth Management Inc.’s holdings, making the stock its biggest holding. Whalen Wealth Management Inc.’s holdings in iShares Short Treasury Bond ETF were worth $28,923,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also bought and sold shares of the company. JPMorgan Chase & Co. lifted its stake in shares of 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 last quarter. FMR LLC increased 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 worth $229,003,000 after purchasing an additional 1,596,924 shares in the last quarter. Janney Montgomery Scott LLC bought a new position in iShares Short Treasury Bond ETF in the third quarter valued at about $27,104,000. Presidio Capital Management LLC bought a new position in iShares Short Treasury Bond ETF in the third quarter valued at about $15,477,000. Finally, Flow Traders U.S. LLC acquired a new stake in shares of iShares Short Treasury Bond ETF during the third quarter valued at about $14,200,000. 7.10% of the stock is owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Price Performance

iShares Short Treasury Bond ETF stock opened at $110.36 on Thursday. The business has a 50 day moving average of $110.23 and a 200-day moving average of $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 firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.4268 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $5.12 dividend on an annualized basis and a dividend yield of 4.64%.

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.