IFP Advisors Inc Has $5.85 Million Stock Holdings in iShares Short Treasury Bond ETF $SHV

IFP Advisors Inc boosted its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 119.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 52,978 shares of the company’s stock after purchasing an additional 28,848 shares during the period. IFP Advisors Inc’s holdings in iShares Short Treasury Bond ETF were worth $5,854,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. JPL Wealth Management LLC bought a new stake in shares of iShares Short Treasury Bond ETF during the third quarter worth $26,000. Elevation Point Wealth Partners LLC bought a new position in shares of iShares Short Treasury Bond ETF in the 2nd quarter valued at $55,000. Highline Wealth Partners LLC lifted its stake in shares of iShares Short Treasury Bond ETF by 355.8% in the 3rd quarter. Highline Wealth Partners LLC now owns 515 shares of the company’s stock valued at $57,000 after acquiring an additional 402 shares during the last quarter. Asset Dedication LLC boosted its holdings in shares of iShares Short Treasury Bond ETF by 596.0% during the 2nd quarter. Asset Dedication LLC now owns 696 shares of the company’s stock valued at $77,000 after acquiring an additional 596 shares in the last quarter. Finally, Traub Capital Management LLC bought a new stake in iShares Short Treasury Bond ETF during the 2nd quarter worth $119,000. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

Shares of SHV stock opened at $110.25 on Friday. iShares Short Treasury Bond ETF has a twelve month low of $110.02 and a twelve month high of $110.50. The stock’s fifty day simple moving average is $110.26 and its 200 day simple moving average is $110.27.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.342 per share. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Monday, February 2nd.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.