iShares Short Treasury Bond ETF (NASDAQ:SHV) is GM Advisory Group LLC’s 8th Largest Position

GM Advisory Group LLC raised its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 12.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 491,275 shares of the company’s stock after buying an additional 54,799 shares during the period. iShares Short Treasury Bond ETF comprises about 3.0% of GM Advisory Group LLC’s portfolio, making the stock its 8th largest holding. GM Advisory Group LLC owned 0.28% of iShares Short Treasury Bond ETF worth $54,094,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of SHV. MidAtlantic Capital Management Inc. purchased a new position in shares of iShares Short Treasury Bond ETF in the 3rd quarter valued at about $48,000. Glass Jacobson Investment Advisors llc increased its stake in shares of iShares Short Treasury Bond ETF by 55.5% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 454 shares of the company’s stock valued at $50,000 after purchasing an additional 162 shares in the last quarter. Synergy Asset Management LLC purchased a new position in shares of iShares Short Treasury Bond ETF in the 4th quarter valued at about $51,000. Kestra Investment Management LLC purchased a new position in shares of iShares Short Treasury Bond ETF in the 4th quarter valued at about $97,000. Finally, Harbour Investments Inc. increased its stake in shares of iShares Short Treasury Bond ETF by 44.0% in the 4th quarter. Harbour Investments Inc. now owns 1,106 shares of the company’s stock valued at $122,000 after purchasing an additional 338 shares in the last quarter. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

Shares of iShares Short Treasury Bond ETF stock opened at $110.30 on Wednesday. iShares Short Treasury Bond ETF has a twelve month low of $109.91 and a twelve month high of $110.64. The business has a 50-day moving average price of $110.28 and a 200 day moving average price of $110.29.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a $0.3579 dividend. The ex-dividend date was Monday, March 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.