Synergy Asset Management LLC Invests $51,000 in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Synergy Asset Management LLC purchased a new position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 462 shares of the company’s stock, valued at approximately $51,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. boosted its position in shares of 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 worth $999,158,000 after buying an additional 1,732,399 shares during the period. FMR LLC boosted its position 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 worth $229,003,000 after buying an additional 1,596,924 shares during the period. Divergent Wealth Advisors boosted its position in shares of iShares Short Treasury Bond ETF by 5.5% during the third quarter. Divergent Wealth Advisors now owns 1,156,791 shares of the company’s stock worth $127,976,000 after buying an additional 60,638 shares during the period. Stifel Financial Corp boosted its holdings in iShares Short Treasury Bond ETF by 5.2% in the third quarter. Stifel Financial Corp now owns 599,055 shares of the company’s stock valued at $66,274,000 after purchasing an additional 29,814 shares during the period. Finally, Cynosure Group LLC boosted its holdings in iShares Short Treasury Bond ETF by 3.2% in the third quarter. Cynosure Group LLC now owns 560,749 shares of the company’s stock valued at $62,036,000 after purchasing an additional 17,145 shares during the period. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Trading Up 0.0 %

NASDAQ:SHV opened at $110.47 on Friday. The stock has a fifty day moving average price of $110.24 and a 200 day moving average price of $110.32. 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 business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.4268 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $5.12 dividend on an annualized basis and a yield of 4.64%.

iShares Short Treasury Bond ETF 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.