Chicago Wealth Management Inc. Purchases New Position in iShares Short Treasury Bond ETF $SHV

Chicago Wealth Management Inc. purchased a new stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) in the first quarter, according to the company in its most recent filing with the SEC. The fund purchased 92,421 shares of the company’s stock, valued at approximately $10,209,000. iShares Short Treasury Bond ETF comprises 5.3% of Chicago Wealth Management Inc.’s investment portfolio, making the stock its 7th largest position.

Several other institutional investors and hedge funds have also recently modified their holdings of SHV. Menard Financial Group LLC bought a new stake in iShares Short Treasury Bond ETF during the fourth quarter worth $25,000. Transce3nd LLC bought a new position in iShares Short Treasury Bond ETF during the 4th quarter valued at $26,000. Garrison Bradford & Associates Inc. purchased a new stake in shares of iShares Short Treasury Bond ETF in the first quarter valued at about $55,000. Stone House Investment Management LLC purchased a new position in iShares Short Treasury Bond ETF during the first quarter worth about $68,000. Finally, Wayfinding Financial LLC bought a new position in shares of iShares Short Treasury Bond ETF during the 1st quarter worth approximately $71,000. 7.10% of the stock is owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Trading Down 0.0%

Shares of iShares Short Treasury Bond ETF stock opened at $110.33 on Friday. The business’s fifty day simple moving average is $110.26 and its 200 day simple moving average is $110.26. iShares Short Treasury Bond ETF has a 12 month low of $109.91 and a 12 month high of $110.64.

iShares Short Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, August 6th. Investors of record on Friday, August 1st were issued a $0.3847 dividend. This is an increase from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.38. The ex-dividend date of this dividend was Friday, August 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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.