LPL Financial LLC Increases Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

LPL Financial LLC lifted its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 6.8% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,907,963 shares of the company’s stock after buying an additional 120,706 shares during the period. LPL Financial LLC owned approximately 1.10% of iShares Short Treasury Bond ETF worth $210,086,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SHV. Glass Jacobson Investment Advisors llc raised its holdings in shares of iShares Short Treasury Bond ETF by 55.5% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 454 shares of the company’s stock worth $50,000 after purchasing an additional 162 shares during the period. Synergy Asset Management LLC bought a new stake in shares of iShares Short Treasury Bond ETF in the 4th quarter worth approximately $51,000. Kestra Investment Management LLC bought a new stake in shares of iShares Short Treasury Bond ETF in the 4th quarter worth approximately $97,000. Harbour Investments Inc. raised its holdings in shares of iShares Short Treasury Bond ETF by 44.0% in the 4th quarter. Harbour Investments Inc. now owns 1,106 shares of the company’s stock worth $122,000 after purchasing an additional 338 shares during the period. Finally, Values First Advisors Inc. raised its holdings in iShares Short Treasury Bond ETF by 294.2% during the 4th quarter. Values First Advisors Inc. now owns 1,490 shares of the company’s stock valued at $164,000 after acquiring an additional 1,112 shares during the period. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

Shares of SHV stock opened at $110.36 on Monday. The company’s fifty day simple moving average is $110.29 and its two-hundred day simple moving average is $110.29. iShares Short Treasury Bond ETF has a 1 year low of $109.91 and a 1 year high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.3579 per share. The ex-dividend date of this dividend was Monday, March 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.