Avidian Wealth Solutions LLC Takes $326,000 Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Avidian Wealth Solutions LLC purchased a new stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 2,959 shares of the company’s stock, valued at approximately $326,000.

Other institutional investors also recently bought and sold shares of the company. Beaird Harris Wealth Management LLC purchased a new stake in shares of iShares Short Treasury Bond ETF in the third quarter worth approximately $27,000. WealthShield Partners LLC lifted its position in shares of iShares Short Treasury Bond ETF by 78.8% during the third quarter. WealthShield Partners LLC now owns 295 shares of the company’s stock worth $33,000 after purchasing an additional 130 shares during the last quarter. Baystate Wealth Management LLC lifted its position in shares of iShares Short Treasury Bond ETF by 173.7% during the fourth quarter. Baystate Wealth Management LLC now owns 312 shares of the company’s stock worth $34,000 after purchasing an additional 198 shares during the last quarter. Gradient Investments LLC purchased a new stake in shares of iShares Short Treasury Bond ETF during the third quarter valued at $40,000. Finally, Princeton Global Asset Management LLC bought a new position in shares of iShares Short Treasury Bond ETF in the fourth quarter worth about $45,000. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Trading Up 0.0 %

Shares of SHV opened at $110.13 on Tuesday. The company has a 50-day moving average of $110.29 and a 200 day moving average of $110.28. iShares Short Treasury Bond ETF has a 1-year low of $109.85 and a 1-year high of $110.60.

iShares Short Treasury Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd will be issued a $0.4637 dividend. The ex-dividend date is Wednesday, May 1st. This represents a $5.56 dividend on an annualized basis and a dividend yield of 5.05%.

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.