Pinnacle Financial Partners Inc Has $2.66 Million Stock Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Pinnacle Financial Partners Inc grew its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHVFree Report) by 20.4% during the fourth quarter, Holdings Channel reports. The firm owned 24,175 shares of the company’s stock after acquiring an additional 4,100 shares during the quarter. Pinnacle Financial Partners Inc’s holdings in iShares Short Treasury Bond ETF were worth $2,662,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Mayflower Financial Advisors LLC acquired a new position in shares of iShares Short Treasury Bond ETF in the 4th quarter valued at about $1,429,000. True Link Financial Advisors LLC lifted its stake in shares of iShares Short Treasury Bond ETF by 81.6% in the 4th quarter. True Link Financial Advisors LLC now owns 443,862 shares of the company’s stock valued at $48,883,000 after purchasing an additional 199,419 shares during the period. AdvisorNet Financial Inc lifted its stake in shares of iShares Short Treasury Bond ETF by 183.2% in the 4th quarter. AdvisorNet Financial Inc now owns 6,638 shares of the company’s stock valued at $731,000 after purchasing an additional 4,294 shares during the period. Destiny Wealth Partners LLC lifted its stake in shares of iShares Short Treasury Bond ETF by 44.9% in the 4th quarter. Destiny Wealth Partners LLC now owns 164,744 shares of the company’s stock valued at $18,151,000 after purchasing an additional 51,045 shares during the period. Finally, Flagstar Advisors Inc. lifted its stake in shares of iShares Short Treasury Bond ETF by 15.2% in the 4th quarter. Flagstar Advisors Inc. now owns 12,733 shares of the company’s stock valued at $1,402,000 after purchasing an additional 1,680 shares during the period. 7.10% of the stock is owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Price Performance

Shares of NASDAQ:SHV opened at $110.08 on Wednesday. iShares Short Treasury Bond ETF has a 1 year low of $109.85 and a 1 year high of $110.60. The business’s 50-day moving average is $110.34 and its 200-day moving average is $110.29.

iShares Short Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, April 5th. Investors of record on Tuesday, April 2nd will be given a $0.4819 dividend. This represents a $5.78 dividend on an annualized basis and a yield of 5.25%. The ex-dividend date of this dividend is Monday, April 1st.

iShares Short Treasury Bond ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Short Treasury Bond ETF (NASDAQ:SHV)

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