LPL Financial LLC Increases Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

LPL Financial LLC increased its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 6.8% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,907,963 shares of the company’s stock after acquiring an additional 120,706 shares during the period. LPL Financial LLC’s holdings in iShares Short Treasury Bond ETF were worth $210,086,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SHV. Proficio Capital Partners LLC boosted its position in 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 valued at $647,964,000 after buying an additional 5,849,641 shares during the period. JPMorgan Chase & Co. boosted its position in iShares Short Treasury Bond ETF by 23.7% during the third quarter. JPMorgan Chase & Co. now owns 9,031,532 shares of the company’s stock valued at $999,158,000 after buying an additional 1,732,399 shares during the period. FMR LLC boosted its position in 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 period. Raymond James Financial Inc. purchased a new stake in iShares Short Treasury Bond ETF during the fourth quarter valued at about $123,698,000. Finally, Whalen Wealth Management Inc. boosted its position in iShares Short Treasury Bond ETF by 442.7% during the fourth quarter. Whalen Wealth Management Inc. now owns 262,678 shares of the company’s stock valued at $28,923,000 after buying an additional 214,280 shares during the period. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Stock Performance

NASDAQ SHV opened at $110.36 on Monday. The company has a 50-day simple moving average of $110.29 and a two-hundred day simple moving average of $110.29. 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 dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.3579 per share. The ex-dividend date was Monday, March 3rd.

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.