Professional Advisory Services Inc. Takes Position in iShares Short Treasury Bond ETF $SHV

Professional Advisory Services Inc. bought a new position in iShares Short Treasury Bond ETF (NASDAQ:SHV) during the third quarter, according to the company in its most recent filing with the SEC. The firm bought 26,580 shares of the company’s stock, valued at approximately $2,937,000.

Several other hedge funds have also added to or reduced their stakes in SHV. Elevation Point Wealth Partners LLC bought a new position in shares of iShares Short Treasury Bond ETF during the second quarter valued at about $55,000. Atlantic Union Bankshares Corp bought a new stake in shares of iShares Short Treasury Bond ETF in the 2nd quarter valued at about $56,000. Highline Wealth Partners LLC boosted its holdings in iShares Short Treasury Bond ETF by 355.8% during the 3rd quarter. Highline Wealth Partners LLC now owns 515 shares of the company’s stock valued at $57,000 after acquiring an additional 402 shares during the period. Asset Dedication LLC grew its position in iShares Short Treasury Bond ETF by 596.0% during the 2nd quarter. Asset Dedication LLC now owns 696 shares of the company’s stock worth $77,000 after acquiring an additional 596 shares during the last quarter. Finally, Traub Capital Management LLC purchased a new position in iShares Short Treasury Bond ETF in the 2nd quarter worth approximately $119,000. 7.10% of the stock is owned by institutional investors.

iShares Short Treasury Bond ETF Trading Up 0.0%

Shares of SHV stock opened at $110.31 on Tuesday. iShares Short Treasury Bond ETF has a fifty-two week low of $110.02 and a fifty-two week high of $110.51. The stock has a 50 day moving average price of $110.24 and a two-hundred day moving average price of $110.28.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were issued a dividend of $0.3569 per share. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Friday, December 19th.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.