Thrivent Financial for Lutherans Purchases 1,660 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Thrivent Financial for Lutherans raised its position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 39.1% in the third quarter, HoldingsChannel reports. The fund owned 5,906 shares of the company’s stock after acquiring an additional 1,660 shares during the period. Thrivent Financial for Lutherans’ holdings in iShares Short Treasury Bond ETF were worth $654,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the company. Anchor Capital Advisors LLC boosted its stake in shares of iShares Short Treasury Bond ETF by 116.1% in the second quarter. Anchor Capital Advisors LLC now owns 971,521 shares of the company’s stock valued at $107,353,000 after buying an additional 521,879 shares during the period. SG Americas Securities LLC bought a new stake in shares of iShares Short Treasury Bond ETF in the second quarter valued at approximately $39,418,000. Oakworth Capital Inc. bought a new stake in shares of iShares Short Treasury Bond ETF in the second quarter valued at approximately $31,797,000. Janney Montgomery Scott LLC bought a new stake in shares of iShares Short Treasury Bond ETF in the third quarter valued at approximately $27,104,000. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in shares of iShares Short Treasury Bond ETF by 18.7% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 1,131,236 shares of the company’s stock valued at $125,002,000 after buying an additional 178,574 shares during the period. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

Shares of SHV stock opened at $110.14 on Thursday. The stock has a 50 day simple moving average of $110.35 and a 200 day simple moving average of $110.34. iShares Short Treasury Bond ETF has a 1 year low of $109.85 and a 1 year high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, December 5th. Shareholders of record on Monday, December 2nd will be paid 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.