iShares Short Treasury Bond ETF Declares Monthly Dividend of $0.38 (NASDAQ:SHV)

iShares Short Treasury Bond ETF (NASDAQ:SHV) announced a monthly dividend on Monday, March 31st, NASDAQ Dividends reports. Stockholders of record on Tuesday, April 1st will be paid a dividend of 0.3836 per share on Friday, April 4th. This represents a $4.60 annualized dividend and a dividend yield of 4.18%. The ex-dividend date of this dividend is Tuesday, April 1st.

iShares Short Treasury Bond ETF Trading Down 0.3 %

Shares of SHV traded down $0.36 during midday trading on Tuesday, hitting $110.10. 5,607,507 shares of the company traded hands, compared to its average volume of 6,882,563. iShares Short Treasury Bond ETF has a one year low of $109.91 and a one year high of $110.64. The stock has a 50-day moving average of $110.31 and a 200-day moving average of $110.30.

Institutional Trading of iShares Short Treasury Bond ETF

A hedge fund recently bought a new stake in iShares Short Treasury Bond ETF stock. Brighton Jones LLC purchased a new stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 5,199 shares of the company’s stock, valued at approximately $572,000. 7.10% of the stock is currently owned by institutional investors and hedge funds.

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.