RDA Financial Network Increases Stock Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

RDA Financial Network boosted its position in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 51.1% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 24,944 shares of the company’s stock after purchasing an additional 8,435 shares during the period. iShares Short Treasury Bond ETF comprises 1.2% of RDA Financial Network’s portfolio, making the stock its 26th biggest holding. RDA Financial Network’s holdings in iShares Short Treasury Bond ETF were worth $2,755,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. FWL Investment Management LLC purchased a new position in shares of iShares Short Treasury Bond ETF during the 4th quarter valued at about $27,000. Sanctuary Wealth Management L.L.C. purchased a new position in iShares Short Treasury Bond ETF in the 4th quarter worth approximately $40,000. Baystate Wealth Management LLC lifted its holdings in iShares Short Treasury Bond ETF by 267.3% in the 1st quarter. Baystate Wealth Management LLC now owns 404 shares of the company’s stock worth $45,000 after purchasing an additional 294 shares in the last quarter. Matrix Private Capital Group LLC purchased a new position in iShares Short Treasury Bond ETF in the 1st quarter worth approximately $50,000. Finally, Bristlecone Advisors LLC purchased a new position in iShares Short Treasury Bond ETF in the 1st quarter worth approximately $51,000. 7.11% of the stock is owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Stock Performance

Shares of NASDAQ SHV remained flat at $110.29 during trading hours on Tuesday. The stock had a trading volume of 1,305,195 shares, compared to its average volume of 3,149,525. The firm’s 50 day moving average is $110.23 and its 200 day moving average is $110.24. iShares Short Treasury Bond ETF has a 52-week low of $109.73 and a 52-week high of $110.51.

iShares Short Treasury Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 8th. Investors of record on Tuesday, September 5th were issued a dividend of $0.4606 per share. This represents a $5.53 dividend on an annualized basis and a yield of 5.01%. The ex-dividend date of this dividend was Friday, September 1st.

iShares Short Treasury Bond ETF Company 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.