Armstrong Advisory Group Inc. Invests $728,000 in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Armstrong Advisory Group Inc. bought a new position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 6,611 shares of the company’s stock, valued at approximately $728,000.

Other large investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its position in iShares Short Treasury Bond ETF by 23.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,031,532 shares of the company’s stock worth $999,158,000 after purchasing an additional 1,732,399 shares during the period. FMR LLC grew its holdings in iShares Short Treasury Bond ETF by 337.6% during the third quarter. FMR LLC now owns 2,069,990 shares of the company’s stock worth $229,003,000 after acquiring an additional 1,596,924 shares during the period. Janney Montgomery Scott LLC acquired a new stake in iShares Short Treasury Bond ETF during the third quarter worth about $27,104,000. Presidio Capital Management LLC purchased a new position in iShares Short Treasury Bond ETF during the third quarter valued at approximately $15,477,000. Finally, Flow Traders U.S. LLC acquired a new position in iShares Short Treasury Bond ETF in the third quarter valued at approximately $14,200,000. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

iShares Short Treasury Bond ETF stock opened at $110.28 on Thursday. The stock’s 50 day simple moving average is $110.22 and its two-hundred day simple moving average is $110.31. iShares Short Treasury Bond ETF has a 12 month low of $109.91 and a 12 month high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a dividend of $0.4268 per share. This represents a $5.12 dividend on an annualized basis and a yield of 4.64%. The ex-dividend date was Wednesday, December 18th.

iShares Short Treasury Bond ETF 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.