Steward Partners Investment Advisory LLC Bought 7,077 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Steward Partners Investment Advisory LLC Bought 7,077 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Steward Partners Investment Advisory LLC boosted its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 17.0% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 48,746 shares of the company’s stock after acquiring an additional 7,077 shares during the period. Steward Partners Investment Advisory LLC’s holdings in iShares Short Treasury Bond ETF were worth $5,384,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Alaska Permanent Capital Management lifted its stake in shares of iShares Short Treasury Bond ETF by 20.9% during the second quarter. Alaska Permanent Capital Management now owns 28,032 shares of the company’s stock valued at $3,095,000 after buying an additional 4,840 shares during the period. Bank of Nova Scotia increased its position in iShares Short Treasury Bond ETF by 37.4% during the second quarter. Bank of Nova Scotia now owns 262,922 shares of the company’s stock worth $29,151,000 after purchasing an additional 71,596 shares during the last quarter. NextCapital Advisers Inc. acquired a new position in iShares Short Treasury Bond ETF during the third quarter worth approximately $14,952,000. Monument Capital Management acquired a new position in iShares Short Treasury Bond ETF during the third quarter worth approximately $316,000. Finally, Signaturefd LLC acquired a new position in iShares Short Treasury Bond ETF during the second quarter worth approximately $345,000.

Shares of SHV stock opened at $110.29 on Thursday. iShares Short Treasury Bond ETF has a one year low of $110.18 and a one year high of $110.47.

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 7th. Stockholders of record on Friday, November 2nd were given a $0.1864 dividend. The ex-dividend date of this dividend was Thursday, November 1st. This represents a $2.24 annualized dividend and a dividend yield of 2.03%. This is a positive change from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.18.

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.

Further Reading: When is a capital gain realized?

Related posts

Leave a Comment