D.A. Davidson & CO. Makes New Investment in iShares Short Treasury Bond ETF (NASDAQ:SHV)

D.A. Davidson & CO. bought a new position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 19,236 shares of the company’s stock, valued at approximately $2,118,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Kraft Davis & Associates LLC increased its holdings in iShares Short Treasury Bond ETF by 2.2% during the 4th quarter. Kraft Davis & Associates LLC now owns 4,432 shares of the company’s stock valued at $490,000 after purchasing an additional 96 shares in the last quarter. Sinecera Capital LLC increased its stake in shares of iShares Short Treasury Bond ETF by 3.1% in the 4th quarter. Sinecera Capital LLC now owns 4,050 shares of the company’s stock valued at $446,000 after buying an additional 123 shares during the period. Keybank National Association OH increased its stake in shares of iShares Short Treasury Bond ETF by 0.6% in the 3rd quarter. Keybank National Association OH now owns 21,602 shares of the company’s stock valued at $2,386,000 after buying an additional 128 shares during the period. Hollencrest Capital Management increased its stake in shares of iShares Short Treasury Bond ETF by 30.0% in the 3rd quarter. Hollencrest Capital Management now owns 650 shares of the company’s stock valued at $72,000 after buying an additional 150 shares during the period. Finally, Beverly Hills Private Wealth LLC increased its stake in shares of iShares Short Treasury Bond ETF by 1.7% in the 4th quarter. Beverly Hills Private Wealth LLC now owns 9,445 shares of the company’s stock valued at $1,040,000 after buying an additional 161 shares during the period. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Up 0.0 %

Shares of NASDAQ SHV traded up $0.01 during midday trading on Friday, hitting $110.44. The stock had a trading volume of 980,169 shares, compared to its average volume of 2,315,351. The company’s 50-day simple moving average is $110.29 and its 200 day simple moving average is $110.28. iShares Short Treasury Bond ETF has a fifty-two week low of $109.85 and a fifty-two week high of $110.60.

iShares Short Treasury Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were issued a dividend of $0.4637 per share. The ex-dividend date was Wednesday, May 1st. This represents a $5.56 annualized dividend and a yield of 5.04%.

iShares Short Treasury Bond ETF 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.