iShares Short Treasury Bond ETF (NASDAQ:SHV) Shares Purchased by Independent Solutions Wealth Management LLC

Independent Solutions Wealth Management LLC boosted its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 265.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,346 shares of the company’s stock after buying an additional 50,372 shares during the period. iShares Short Treasury Bond ETF makes up 1.7% of Independent Solutions Wealth Management LLC’s holdings, making the stock its 17th largest position. Independent Solutions Wealth Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $7,636,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SHV. JPMorgan Chase & Co. grew its position in iShares Short Treasury Bond ETF by 23.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,031,532 shares of the company’s stock worth $999,158,000 after purchasing an additional 1,732,399 shares during the last quarter. Proficio Capital Partners LLC lifted its stake in shares of iShares Short Treasury Bond ETF by 16,685.1% during the fourth quarter. Proficio Capital Partners LLC now owns 5,884,700 shares of the company’s stock worth $647,964,000 after buying an additional 5,849,641 shares during the period. FMR LLC grew its holdings in shares of iShares Short Treasury Bond ETF by 337.6% during the third quarter. FMR LLC now owns 2,069,990 shares of the company’s stock valued at $229,003,000 after buying an additional 1,596,924 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of iShares Short Treasury Bond ETF in the 4th quarter valued at $123,698,000. Finally, Stifel Financial Corp increased its position in shares of iShares Short Treasury Bond ETF by 5.2% in the 3rd quarter. Stifel Financial Corp now owns 599,055 shares of the company’s stock valued at $66,274,000 after acquiring an additional 29,814 shares during the period. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Price Performance

Shares of SHV stock opened at $110.33 on Friday. iShares Short Treasury Bond ETF has a fifty-two week low of $109.91 and a fifty-two week high of $110.64. The stock’s 50-day simple moving average is $110.29 and its 200-day simple moving average is $110.29.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a $0.3579 dividend. The ex-dividend date was Monday, March 3rd.

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.