Morris Financial Concepts Inc. Purchases 2,458 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Morris Financial Concepts Inc. lifted its position in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 5.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 50,190 shares of the company’s stock after buying an additional 2,458 shares during the period. iShares Short Treasury Bond ETF makes up about 3.2% of Morris Financial Concepts Inc.’s portfolio, making the stock its 9th largest position. Morris Financial Concepts Inc.’s holdings in iShares Short Treasury Bond ETF were worth $5,527,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Mariner LLC boosted its stake in iShares Short Treasury Bond ETF by 539.3% in the 4th quarter. Mariner LLC now owns 1,577,855 shares of the company’s stock worth $170,006,000 after purchasing an additional 1,331,048 shares during the period. Morgan Stanley raised its position in iShares Short Treasury Bond ETF by 16.9% in the 4th quarter. Morgan Stanley now owns 8,638,208 shares of the company’s stock valued at $949,512,000 after buying an additional 1,249,478 shares during the last quarter. Anchor Capital Advisors LLC raised its position in iShares Short Treasury Bond ETF by 282.1% in the 3rd quarter. Anchor Capital Advisors LLC now owns 1,512,931 shares of the company’s stock valued at $167,133,000 after buying an additional 1,116,959 shares during the last quarter. Ausdal Financial Partners Inc. lifted its position in shares of iShares Short Treasury Bond ETF by 2,199.1% in the fourth quarter. Ausdal Financial Partners Inc. now owns 684,376 shares of the company’s stock worth $75,370,000 after purchasing an additional 654,609 shares in the last quarter. Finally, Wealthfront Advisers LLC boosted its holdings in iShares Short Treasury Bond ETF by 1,857.5% during the third quarter. Wealthfront Advisers LLC now owns 638,397 shares of the company’s stock worth $70,524,000 after purchasing an additional 605,784 shares during the last quarter. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Up 0.0 %

iShares Short Treasury Bond ETF stock traded up $0.01 during mid-day trading on Friday, reaching $110.24. The company’s stock had a trading volume of 2,279,646 shares, compared to its average volume of 2,316,453. iShares Short Treasury Bond ETF has a 12 month low of $109.85 and a 12 month high of $110.60. The business’s 50 day simple moving average is $110.29 and its 200 day simple moving average is $110.28.

iShares Short Treasury Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.4819 per share. The ex-dividend date was Monday, April 1st. This represents a $5.78 annualized dividend and a yield of 5.25%.

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.