Financial Management Professionals Inc. Grows Stock Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Financial Management Professionals Inc. increased its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV – Get Rating) by 22.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,396 shares of the company’s stock after buying an additional 1,000 shares during the quarter. Financial Management Professionals Inc.’s holdings in iShares Short Treasury Bond ETF were worth $593,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in SHV. Exchange Traded Concepts LLC raised its holdings in shares of iShares Short Treasury Bond ETF by 87,758.3% in the 3rd quarter. Exchange Traded Concepts LLC now owns 14,354,290 shares of the company’s stock worth $1,578,972,000 after purchasing an additional 14,337,952 shares during the period. SVB Wealth LLC purchased a new position in shares of iShares Short Treasury Bond ETF in the 3rd quarter worth about $270,621,000. Jane Street Group LLC raised its holdings in shares of iShares Short Treasury Bond ETF by 2,155.0% in the 3rd quarter. Jane Street Group LLC now owns 1,699,389 shares of the company’s stock worth $186,933,000 after purchasing an additional 1,624,027 shares during the period. Wells Fargo & Company MN raised its holdings in shares of iShares Short Treasury Bond ETF by 101.3% in the 2nd quarter. Wells Fargo & Company MN now owns 1,861,918 shares of the company’s stock worth $204,997,000 after purchasing an additional 936,846 shares during the period. Finally, GM Advisory Group Inc. grew its stake in shares of iShares Short Treasury Bond ETF by 18,328.4% in the third quarter. GM Advisory Group Inc. now owns 835,729 shares of the company’s stock valued at $91,930,000 after buying an additional 831,194 shares in the last quarter. 9.11% of the stock is currently owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Price Performance

Shares of SHV stock traded up $0.08 during trading hours on Friday, reaching $110.38. The company had a trading volume of 2,506,189 shares, compared to its average volume of 4,129,855. iShares Short Treasury Bond ETF has a twelve month low of $109.73 and a twelve month high of $110.38. The stock’s fifty day simple moving average is $110.11 and its 200 day simple moving average is $109.99.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, March 7th. Stockholders of record on Thursday, March 2nd were paid a $0.29 dividend. The ex-dividend date of this dividend was Wednesday, March 1st. This represents a $3.48 dividend on an annualized basis and a dividend yield of 3.15%.

About iShares Short Treasury Bond ETF

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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.