Mattern Capital Management LLC Buys Shares of 2,972 iShares Short Treasury Bond ETF (NASDAQ:SHV)

Mattern Capital Management LLC bought a new position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) during the first quarter, HoldingsChannel.com reports. The firm bought 2,972 shares of the company’s stock, valued at approximately $328,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SHV. Brighton Jones LLC bought a new position in iShares Short Treasury Bond ETF during the fourth quarter worth about $572,000. Revolve Wealth Partners LLC bought a new position in iShares Short Treasury Bond ETF during the fourth quarter worth about $388,000. Principal Financial Group Inc. lifted its holdings in iShares Short Treasury Bond ETF by 59.9% during the fourth quarter. Principal Financial Group Inc. now owns 15,015 shares of the company’s stock worth $1,653,000 after acquiring an additional 5,625 shares in the last quarter. Wealthspire Advisors LLC lifted its holdings in iShares Short Treasury Bond ETF by 32.5% during the fourth quarter. Wealthspire Advisors LLC now owns 2,464 shares of the company’s stock worth $271,000 after acquiring an additional 605 shares in the last quarter. Finally, Bull Oak Capital LLC lifted its holdings in iShares Short Treasury Bond ETF by 311.4% during the fourth quarter. Bull Oak Capital LLC now owns 130,720 shares of the company’s stock worth $14,394,000 after acquiring an additional 98,948 shares in the last quarter. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Trading Up 0.0%

SHV stock opened at $110.36 on Thursday. The business’s 50-day moving average price is $110.27 and its two-hundred day moving average price is $110.25. iShares Short Treasury Bond ETF has a 1-year low of $109.91 and a 1-year high of $110.64.

iShares Short Treasury Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were issued a dividend of $0.397 per share. The ex-dividend date of this dividend was Monday, June 2nd. This is a positive change from iShares Short Treasury Bond ETF’s previous dividend of $0.37.

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.