Oxford Financial Group Ltd. Makes New Investment in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Oxford Financial Group Ltd. purchased a new position in iShares Short Treasury Bond ETF (NASDAQ:SHV) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 18,542 shares of the company’s stock, valued at approximately $2,048,000. iShares Short Treasury Bond ETF comprises approximately 0.6% of Oxford Financial Group Ltd.’s holdings, making the stock its 26th largest holding.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. BlackRock Inc. lifted its position in shares of iShares Short Treasury Bond ETF by 76.3% during the 2nd quarter. BlackRock Inc. now owns 5,818,933 shares of the company’s stock valued at $643,864,000 after acquiring an additional 2,519,216 shares during the last quarter. FMR LLC increased its position in shares of iShares Short Treasury Bond ETF by 14.3% during the 4th quarter. FMR LLC now owns 4,853,883 shares of the company’s stock valued at $536,160,000 after purchasing an additional 605,866 shares during the last quarter. Grimes & Company Inc. increased its position in shares of iShares Short Treasury Bond ETF by 35.6% during the 3rd quarter. Grimes & Company Inc. now owns 1,947,516 shares of the company’s stock valued at $215,434,000 after purchasing an additional 510,969 shares during the last quarter. Stifel Financial Corp increased its position in shares of iShares Short Treasury Bond ETF by 16.0% during the 3rd quarter. Stifel Financial Corp now owns 1,547,795 shares of the company’s stock valued at $171,217,000 after purchasing an additional 213,535 shares during the last quarter. Finally, NextCapital Advisers Inc. increased its position in shares of iShares Short Treasury Bond ETF by 10.8% during the 4th quarter. NextCapital Advisers Inc. now owns 628,056 shares of the company’s stock valued at $69,375,000 after purchasing an additional 61,332 shares during the last quarter.

Separately, ValuEngine lowered shares of iShares Short Treasury Bond ETF from a “buy” rating to a “hold” rating in a research report on Saturday, February 1st.

iShares Short Treasury Bond ETF stock traded up $0.01 during midday trading on Wednesday, hitting $110.59. The stock had a trading volume of 91,223 shares, compared to its average volume of 1,646,420. The firm’s fifty day moving average is $110.53 and its two-hundred day moving average is $110.55. iShares Short Treasury Bond ETF has a 52-week low of $110.03 and a 52-week high of $110.72.

The company also recently announced a monthly dividend, which was paid on Friday, February 7th. Investors of record on Tuesday, February 4th were issued a $0.1611 dividend. This represents a $1.93 annualized dividend and a yield of 1.75%. The ex-dividend date was Monday, February 3rd.

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.

Read More: Hedge Funds Explained

Want to see what other hedge funds are holding SHV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Short Treasury Bond ETF (NASDAQ:SHV).

Institutional Ownership by Quarter for iShares Short Treasury Bond ETF (NASDAQ:SHV)

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