Independent Solutions Wealth Management LLC Buys 12,686 Shares of iShares Short Treasury Bond ETF $SHV

by · The Markets Daily

Independent Solutions Wealth Management LLC raised its position in iShares Short Treasury Bond ETF (NASDAQ:SHV – Free Report) by 15.7% during the third quarter, Holdings Channel reports. The institutional investor owned 93,581 shares of the company’s stock after buying an additional 12,686 shares during the quarter. iShares Short Treasury Bond ETF makes up about 1.8% of Independent Solutions Wealth Management LLC’s investment portfolio, making the stock its 12th biggest holding. Independent Solutions Wealth Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $10,340,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Bank of America Corp DE lifted its stake in shares of iShares Short Treasury Bond ETF by 22.3% during the second quarter. Bank of America Corp DE now owns 3,172,414 shares of the company’s stock valued at $350,298,000 after acquiring an additional 579,074 shares during the period. Gallagher Fiduciary Advisors LLC raised its holdings in iShares Short Treasury Bond ETF by 10,459.3% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 469,255 shares of the company’s stock worth $51,815,000 after purchasing an additional 464,811 shares during the last quarter. NFP Retirement Inc. raised its holdings in iShares Short Treasury Bond ETF by 45.3% during the 2nd quarter. NFP Retirement Inc. now owns 1,245,522 shares of the company’s stock worth $137,531,000 after purchasing an additional 388,096 shares during the last quarter. Global Retirement Partners LLC acquired a new position in iShares Short Treasury Bond ETF during the 2nd quarter valued at about $34,795,000. Finally, Quadrature Capital Ltd bought a new position in shares of iShares Short Treasury Bond ETF in the 2nd quarter valued at about $31,630,000. 7.10% of the stock is owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Trading Up 0.0%

Shares of NASDAQ:SHV opened at $110.21 on Thursday. iShares Short Treasury Bond ETF has a one year low of $110.02 and a one year high of $110.51. The company has a 50 day moving average of $110.24 and a 200-day moving average of $110.28.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were issued a dividend of $0.3569 per share. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Friday, December 19th.

iShares Short Treasury Bond ETF Company Profile

(Free Report)

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.

Further Reading

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