Concord Wealth Partners Has $17.43 Million Stock Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Concord Wealth Partners reduced its position in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 12.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 158,262 shares of the company’s stock after selling 22,819 shares during the quarter. iShares Short Treasury Bond ETF makes up about 3.5% of Concord Wealth Partners’ investment portfolio, making the stock its 5th biggest holding. Concord Wealth Partners owned approximately 0.10% of iShares Short Treasury Bond ETF worth $17,429,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Morgan Stanley boosted its stake in iShares Short Treasury Bond ETF by 0.4% in the third quarter. Morgan Stanley now owns 7,544,605 shares of the company’s stock valued at $833,453,000 after acquiring an additional 29,786 shares during the period. Gateway Advisory LLC boosted its position in shares of iShares Short Treasury Bond ETF by 6.8% during the third quarter. Gateway Advisory LLC now owns 1,654,317 shares of the company’s stock worth $182,752,000 after buying an additional 105,580 shares during the period. Anchor Capital Advisors LLC boosted its position in shares of iShares Short Treasury Bond ETF by 282.1% during the third quarter. Anchor Capital Advisors LLC now owns 1,512,931 shares of the company’s stock worth $167,133,000 after buying an additional 1,116,959 shares during the period. Truist Financial Corp boosted its position in shares of iShares Short Treasury Bond ETF by 25.4% during the fourth quarter. Truist Financial Corp now owns 1,512,329 shares of the company’s stock worth $166,553,000 after buying an additional 306,437 shares during the period. Finally, LPL Financial LLC boosted its position in shares of iShares Short Treasury Bond ETF by 10.5% during the third quarter. LPL Financial LLC now owns 1,439,607 shares of the company’s stock worth $159,033,000 after buying an additional 136,851 shares during the period. 7.10% of the stock is owned by institutional investors.

iShares Short Treasury Bond ETF Price Performance

NASDAQ:SHV traded down $0.43 during midday trading on Wednesday, hitting $110.04. 2,813,434 shares of the stock were exchanged, compared to its average volume of 2,374,590. iShares Short Treasury Bond ETF has a one year low of $109.85 and a one year high of $110.60. The business has a 50-day moving average price of $110.32 and a two-hundred day moving average price of $110.29.

iShares Short Treasury Bond ETF Announces Dividend

The company 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 of this dividend was Monday, April 1st. This represents a $5.78 annualized dividend and a yield of 5.26%.

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.