Ted Buchan & Co Takes $633,000 Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Ted Buchan & Co acquired a new stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) in the 2nd quarter, HoldingsChannel reports. The fund acquired 5,730 shares of the company’s stock, valued at approximately $633,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of SHV. J.Safra Asset Management Corp raised its stake in shares of iShares Short Treasury Bond ETF by 78.6% during the first quarter. J.Safra Asset Management Corp now owns 250 shares of the company’s stock valued at $28,000 after acquiring an additional 110 shares during the last quarter. Rothschild Investment LLC bought a new position in shares of iShares Short Treasury Bond ETF during the second quarter valued at about $40,000. Benjamin F. Edwards & Company Inc. bought a new position in iShares Short Treasury Bond ETF in the second quarter worth about $43,000. Massmutual Trust Co. FSB ADV bought a new position in iShares Short Treasury Bond ETF in the second quarter worth about $48,000. Finally, Financial Gravity Asset Management Inc. raised its stake in iShares Short Treasury Bond ETF by 1,323.5% in the second quarter. Financial Gravity Asset Management Inc. now owns 484 shares of the company’s stock worth $53,000 after buying an additional 450 shares in the last quarter. 7.10% of the stock is owned by institutional investors.

iShares Short Treasury Bond ETF Price Performance

SHV stock opened at $110.63 on Tuesday. iShares Short Treasury Bond ETF has a 1 year low of $109.85 and a 1 year high of $110.64. The firm has a 50-day moving average of $110.40 and a 200 day moving average of $110.33.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were paid a $0.4755 dividend. 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.