TCG Advisory Services LLC Makes New Investment in iShares Short Treasury Bond ETF (NASDAQ:SHV)

TCG Advisory Services LLC bought a new stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 5,607 shares of the company’s stock, valued at approximately $617,000.

Other hedge funds have also made changes to their positions in the company. Beaird Harris Wealth Management LLC purchased a new position in iShares Short Treasury Bond ETF during the third quarter worth $27,000. WealthShield Partners LLC raised its stake in iShares Short Treasury Bond ETF by 78.8% in the 3rd quarter. WealthShield Partners LLC now owns 295 shares of the company’s stock valued at $33,000 after purchasing an additional 130 shares during the last quarter. Baystate Wealth Management LLC lifted its holdings in iShares Short Treasury Bond ETF by 173.7% in the 4th quarter. Baystate Wealth Management LLC now owns 312 shares of the company’s stock valued at $34,000 after purchasing an additional 198 shares in the last quarter. Gradient Investments LLC acquired a new stake in shares of iShares Short Treasury Bond ETF during the 3rd quarter worth about $40,000. Finally, NBC Securities Inc. purchased a new stake in shares of iShares Short Treasury Bond ETF during the third quarter worth about $45,000. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

Shares of SHV traded up $0.02 on Friday, hitting $110.11. 2,206,326 shares of the stock traded hands, compared to its average volume of 2,390,533. iShares Short Treasury Bond ETF has a 1 year low of $109.85 and a 1 year high of $110.60. The stock’s 50 day moving average is $110.30 and its two-hundred day moving average is $110.28.

iShares Short Treasury Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd will be issued a dividend of $0.4637 per share. This represents a $5.56 annualized dividend and a dividend yield of 5.05%. The ex-dividend date is Wednesday, May 1st.

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.