Hudson Portfolio Management LLC Takes Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Hudson Portfolio Management LLC bought a new stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 5,750 shares of the company’s stock, valued at approximately $633,000.

A number of other hedge funds have also recently added to or reduced their stakes in SHV. JPMorgan Chase & Co. increased its stake in iShares Short Treasury Bond ETF by 23.7% in the third quarter. JPMorgan Chase & Co. now owns 9,031,532 shares of the company’s stock valued at $999,158,000 after purchasing an additional 1,732,399 shares during the period. Proficio Capital Partners LLC raised its stake in iShares Short Treasury Bond ETF by 16,685.1% during the 4th quarter. Proficio Capital Partners LLC now owns 5,884,700 shares of the company’s stock valued at $647,964,000 after acquiring an additional 5,849,641 shares during the last quarter. FMR LLC lifted its position in iShares Short Treasury Bond ETF by 152.1% during the 4th quarter. FMR LLC now owns 5,217,524 shares of the company’s stock worth $574,502,000 after acquiring an additional 3,147,534 shares during the period. Wells Fargo & Company MN grew its stake in shares of iShares Short Treasury Bond ETF by 3.7% in the 4th quarter. Wells Fargo & Company MN now owns 3,850,840 shares of the company’s stock valued at $424,016,000 after purchasing an additional 137,455 shares during the last quarter. Finally, LPL Financial LLC increased its holdings in shares of iShares Short Treasury Bond ETF by 6.8% in the fourth quarter. LPL Financial LLC now owns 1,907,963 shares of the company’s stock valued at $210,086,000 after purchasing an additional 120,706 shares during the period. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

iShares Short Treasury Bond ETF stock opened at $110.25 on Friday. The business has a 50 day simple moving average of $110.26 and a 200-day simple moving average of $110.28. 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 Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were given a dividend of $0.3836 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $4.60 dividend on an annualized basis and a yield of 4.18%.

iShares Short Treasury Bond ETF Company Profile

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.