American Investment Services Inc. Takes Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

American Investment Services Inc. purchased a new position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) during the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 29,114 shares of the company’s stock, valued at approximately $3,217,000.

A number of other large investors have also bought and sold shares of the stock. J.Safra Asset Management Corp boosted its position in iShares Short Treasury Bond ETF by 78.6% during the 1st quarter. J.Safra Asset Management Corp now owns 250 shares of the company’s stock valued at $28,000 after buying an additional 110 shares during the period. Cape Investment Advisory Inc. purchased a new position in iShares Short Treasury Bond ETF during the 4th quarter valued at about $30,000. Rothschild Investment LLC bought a new position in iShares Short Treasury Bond ETF during the 2nd quarter valued at approximately $40,000. Benjamin F. Edwards & Company Inc. purchased a new stake in iShares Short Treasury Bond ETF in the 2nd quarter worth approximately $43,000. Finally, Massmutual Trust Co. FSB ADV bought a new stake in shares of iShares Short Treasury Bond ETF in the 2nd quarter worth approximately $48,000. 7.10% of the stock is owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Price Performance

SHV opened at $110.53 on Monday. The stock’s 50 day moving average price is $110.37 and its 200-day moving average price is $110.31. iShares Short Treasury Bond ETF has a 52-week low of $109.85 and a 52-week high of $110.61.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.4755 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.