D.A. Davidson & CO. Has $3.86 Million Holdings in iShares Short Treasury Bond ETF $SHV

D.A. Davidson & CO. grew its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 325.4% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 34,957 shares of the company’s stock after purchasing an additional 26,740 shares during the period. D.A. Davidson & CO.’s holdings in iShares Short Treasury Bond ETF were worth $3,860,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SHV. Marks Wealth LLC acquired a new stake in shares of iShares Short Treasury Bond ETF in the first quarter valued at approximately $155,771,000. Wealthfront Advisers LLC raised its holdings in shares of iShares Short Treasury Bond ETF by 108.4% in the first quarter. Wealthfront Advisers LLC now owns 1,534,178 shares of the company’s stock valued at $169,465,000 after purchasing an additional 798,167 shares during the last quarter. Oakworth Capital Inc. raised its holdings in shares of iShares Short Treasury Bond ETF by 1,523.5% in the first quarter. Oakworth Capital Inc. now owns 817,751 shares of the company’s stock valued at $90,329,000 after purchasing an additional 767,382 shares during the last quarter. Summit Financial LLC acquired a new position in iShares Short Treasury Bond ETF during the first quarter worth $64,786,000. Finally, Assetmark Inc. increased its holdings in iShares Short Treasury Bond ETF by 1,031.3% during the first quarter. Assetmark Inc. now owns 621,766 shares of the company’s stock worth $68,680,000 after buying an additional 566,807 shares during the last quarter. 7.10% of the stock is currently owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Stock Performance

Shares of SHV opened at $110.43 on Friday. iShares Short Treasury Bond ETF has a 1-year low of $109.91 and a 1-year high of $110.57. The company’s fifty day simple moving average is $110.33 and its 200 day simple moving average is $110.28.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were issued a dividend of $0.3674 per share. The ex-dividend date was Wednesday, October 1st.

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.