Sierra Capital LLC Grows Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Sierra Capital LLC grew its position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 294.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 108,915 shares of the company’s stock after purchasing an additional 81,329 shares during the quarter. iShares Short Treasury Bond ETF accounts for 1.4% of Sierra Capital LLC’s holdings, making the stock its 20th largest holding. Sierra Capital LLC’s holdings in iShares Short Treasury Bond ETF were worth $11,993,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also modified their holdings of the company. Transcendent Capital Group LLC lifted its position in iShares Short Treasury Bond ETF by 84.2% during the fourth quarter. Transcendent Capital Group LLC now owns 19,485 shares of the company’s stock worth $2,145,000 after buying an additional 8,904 shares during the period. IFP Advisors Inc increased its stake in shares of iShares Short Treasury Bond ETF by 10.5% during the 4th quarter. IFP Advisors Inc now owns 166,649 shares of the company’s stock valued at $18,349,000 after acquiring an additional 15,869 shares during the last quarter. J. W. Coons Advisors LLC lifted its holdings in shares of iShares Short Treasury Bond ETF by 15.2% during the 4th quarter. J. W. Coons Advisors LLC now owns 15,755 shares of the company’s stock worth $1,735,000 after acquiring an additional 2,080 shares during the period. Black Diamond Financial LLC boosted its position in shares of iShares Short Treasury Bond ETF by 5.0% in the fourth quarter. Black Diamond Financial LLC now owns 5,535 shares of the company’s stock worth $609,000 after acquiring an additional 265 shares during the last quarter. Finally, Forvis Mazars Wealth Advisors LLC grew its holdings in iShares Short Treasury Bond ETF by 89.7% in the fourth quarter. Forvis Mazars Wealth Advisors LLC now owns 10,772 shares of the company’s stock valued at $1,186,000 after purchasing an additional 5,095 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

SHV stock opened at $110.38 on Tuesday. The business has a fifty day simple moving average of $110.23 and a 200-day simple moving average of $110.31. iShares Short Treasury Bond ETF has a 52 week low of $109.91 and a 52 week high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.4033 per share. The ex-dividend date of this dividend was Monday, February 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.