Whalen Wealth Management Inc. Acquires 214,280 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Whalen Wealth Management Inc. raised its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 442.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 262,678 shares of the company’s stock after buying an additional 214,280 shares during the period. iShares Short Treasury Bond ETF comprises approximately 20.1% of Whalen Wealth Management Inc.’s investment portfolio, making the stock its biggest holding. Whalen Wealth Management Inc. owned approximately 0.15% of iShares Short Treasury Bond ETF worth $28,923,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Blair William & Co. IL boosted its holdings in shares of iShares Short Treasury Bond ETF by 33.3% during the second quarter. Blair William & Co. IL now owns 8,310 shares of the company’s stock worth $918,000 after acquiring an additional 2,075 shares during the period. Benjamin F. Edwards & Company Inc. bought a new stake in shares of iShares Short Treasury Bond ETF in the second quarter valued at about $43,000. Insigneo Advisory Services LLC acquired a new position in shares of iShares Short Treasury Bond ETF in the second quarter valued at about $3,838,000. Wick Capital Partners LLC bought a new position in iShares Short Treasury Bond ETF during the second quarter worth about $1,564,000. Finally, Abich Financial Wealth Management LLC raised its stake in iShares Short Treasury Bond ETF by 21.7% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 718 shares of the company’s stock worth $79,000 after purchasing an additional 128 shares in the last quarter. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Stock Performance

Shares of SHV stock opened at $110.36 on Thursday. The stock has a 50 day simple moving average of $110.23 and a 200 day simple moving average of $110.31. 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 Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a $0.4268 dividend. This represents a $5.12 dividend on an annualized basis and a yield of 4.64%. The ex-dividend date of this dividend was Wednesday, December 18th.

About iShares Short Treasury Bond ETF

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.