Fairvoy Private Wealth LLC Makes New $12.94 Million Investment in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Fairvoy Private Wealth LLC acquired a new position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) in the 4th quarter, HoldingsChannel reports. The fund acquired 117,546 shares of the company’s stock, valued at approximately $12,943,000. iShares Short Treasury Bond ETF makes up 3.4% of Fairvoy Private Wealth LLC’s investment portfolio, making the stock its 3rd largest position.

Several other institutional investors also recently bought and sold shares of SHV. JPMorgan Chase & Co. boosted its stake in shares of iShares Short Treasury Bond ETF by 23.7% in the third quarter. JPMorgan Chase & Co. now owns 9,031,532 shares of the company’s stock valued at $999,158,000 after purchasing an additional 1,732,399 shares during the period. FMR LLC boosted its stake in shares of iShares Short Treasury Bond ETF by 337.6% in the third quarter. FMR LLC now owns 2,069,990 shares of the company’s stock valued at $229,003,000 after purchasing an additional 1,596,924 shares during the period. Janney Montgomery Scott LLC purchased a new position in shares of iShares Short Treasury Bond ETF in the third quarter valued at $27,104,000. Whalen Wealth Management Inc. boosted its stake in shares of iShares Short Treasury Bond ETF by 442.7% in the fourth quarter. Whalen Wealth Management Inc. now owns 262,678 shares of the company’s stock valued at $28,923,000 after purchasing an additional 214,280 shares during the period. Finally, Guidance Capital Inc. boosted its stake in shares of iShares Short Treasury Bond ETF by 164.7% in the fourth quarter. Guidance Capital Inc. now owns 310,675 shares of the company’s stock valued at $34,305,000 after purchasing an additional 193,291 shares during the period. 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 stock opened at $110.16 on Friday. The firm has a fifty day simple moving average of $110.23 and a 200-day simple moving average of $110.32. iShares Short Treasury Bond ETF has a twelve month low of $109.91 and a twelve month high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders 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.

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.