Fmr LLC Buys 1,596,924 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Fmr LLC increased its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 337.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,069,990 shares of the company’s stock after acquiring an additional 1,596,924 shares during the period. Fmr LLC’s holdings in iShares Short Treasury Bond ETF were worth $229,003,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Rothschild Investment LLC bought a new position in iShares Short Treasury Bond ETF during the 2nd quarter worth $40,000. Benjamin F. Edwards & Company Inc. purchased a new stake in iShares Short Treasury Bond ETF during the second quarter worth about $43,000. Massmutual Trust Co. FSB ADV purchased a new position in shares of iShares Short Treasury Bond ETF during the 2nd quarter valued at $48,000. MidAtlantic Capital Management Inc. purchased a new position in iShares Short Treasury Bond ETF in the 3rd quarter valued at approximately $48,000. Finally, Financial Gravity Asset Management Inc. boosted its position in shares of 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 valued at $53,000 after acquiring an additional 450 shares during the period. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

SHV stock opened at $110.11 on Tuesday. The firm has a 50 day simple moving average of $110.36 and a two-hundred day simple moving average of $110.34. iShares Short Treasury Bond ETF has a one year low of $109.85 and a one year high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, December 5th. Investors of record on Monday, December 2nd will be issued a dividend of $0.416 per share. The ex-dividend date of this dividend is Monday, December 2nd.

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.