Apex Wealth Management LLC Has $8.71 Million Stock Position in iShares Short Treasury Bond ETF $SHV

Apex Wealth Management LLC decreased its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 29.5% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 78,832 shares of the company’s stock after selling 32,910 shares during the period. iShares Short Treasury Bond ETF accounts for about 7.0% of Apex Wealth Management LLC’s holdings, making the stock its 3rd largest position. Apex Wealth Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $8,705,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SHV. Garrison Bradford & Associates Inc. bought a new position in shares of iShares Short Treasury Bond ETF in the first quarter valued at approximately $55,000. Atlantic Union Bankshares Corp bought a new stake in shares of iShares Short Treasury Bond ETF during the 2nd quarter worth $56,000. Stone House Investment Management LLC acquired a new position in iShares Short Treasury Bond ETF in the 1st quarter valued at $68,000. Zions Bancorporation National Association UT acquired a new position in iShares Short Treasury Bond ETF in the 1st quarter valued at $88,000. Finally, PMV Capital Advisers LLC bought a new position in iShares Short Treasury Bond ETF in the 2nd quarter worth $100,000. 7.10% of the stock is currently owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Price Performance

iShares Short Treasury Bond ETF stock opened at $110.24 on Wednesday. iShares Short Treasury Bond ETF has a fifty-two week low of $109.91 and a fifty-two week high of $110.51. The firm has a fifty day moving average price of $110.31 and a two-hundred day moving average price of $110.28.

iShares Short Treasury Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were given a dividend of $0.3705 per share. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Monday, November 3rd.

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.