Keystone Financial Group Inc. Buys Shares of 44,458 iShares Short Treasury Bond ETF (NASDAQ:SHV)

Keystone Financial Group Inc. purchased a new stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 44,458 shares of the company’s stock, valued at approximately $4,895,000. iShares Short Treasury Bond ETF accounts for approximately 4.0% of Keystone Financial Group Inc.’s investment portfolio, making the stock its 6th largest holding.

Other hedge funds and other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. lifted its position in 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 worth $999,158,000 after purchasing an additional 1,732,399 shares during the period. FMR LLC boosted its stake in iShares Short Treasury Bond ETF by 337.6% during the third quarter. FMR LLC now owns 2,069,990 shares of the company’s stock valued at $229,003,000 after buying an additional 1,596,924 shares in the last quarter. Divergent Wealth Advisors grew its holdings in iShares Short Treasury Bond ETF by 5.5% during the third quarter. Divergent Wealth Advisors now owns 1,156,791 shares of the company’s stock worth $127,976,000 after acquiring an additional 60,638 shares during the period. Stifel Financial Corp grew its holdings in iShares Short Treasury Bond ETF by 5.2% during the third quarter. Stifel Financial Corp now owns 599,055 shares of the company’s stock worth $66,274,000 after acquiring an additional 29,814 shares during the period. Finally, Cynosure Group LLC raised its position in iShares Short Treasury Bond ETF by 3.2% in the third quarter. Cynosure Group LLC now owns 560,749 shares of the company’s stock worth $62,036,000 after acquiring an additional 17,145 shares in the last quarter. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Stock Performance

NASDAQ:SHV opened at $110.16 on Friday. The company has a 50-day moving average of $110.23 and a 200-day 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 firm also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.4033 dividend. The ex-dividend date was Monday, February 3rd.

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.