Divergent Wealth Advisors Acquires 60,638 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Divergent Wealth Advisors increased its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 5.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,156,791 shares of the company’s stock after acquiring an additional 60,638 shares during the period. iShares Short Treasury Bond ETF comprises about 23.4% of Divergent Wealth Advisors’ holdings, making the stock its 2nd largest holding. Divergent Wealth Advisors owned approximately 0.70% of iShares Short Treasury Bond ETF worth $127,976,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of SHV. BNP Paribas Financial Markets increased its stake in shares of iShares Short Treasury Bond ETF by 70.2% in the first quarter. BNP Paribas Financial Markets now owns 211,798 shares of the company’s stock worth $23,412,000 after acquiring an additional 87,333 shares during the last quarter. Rehmann Capital Advisory Group increased its position in iShares Short Treasury Bond ETF by 4.6% in the 1st quarter. Rehmann Capital Advisory Group now owns 10,973 shares of the company’s stock worth $1,213,000 after purchasing an additional 483 shares during the last quarter. Paulson Wealth Management Inc. increased its position in iShares Short Treasury Bond ETF by 2.6% in the 1st quarter. Paulson Wealth Management Inc. now owns 90,074 shares of the company’s stock worth $9,957,000 after purchasing an additional 2,268 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in shares of iShares Short Treasury Bond ETF by 3.0% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 22,641 shares of the company’s stock worth $2,503,000 after purchasing an additional 661 shares in the last quarter. Finally, Wealthspire Advisors LLC acquired a new stake in shares of iShares Short Treasury Bond ETF during the 1st quarter valued at about $226,000. 7.10% of the stock is currently owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Price Performance

Shares of NASDAQ SHV opened at $110.17 on Tuesday. The business has a 50 day simple moving average of $110.40 and a 200 day simple moving average of $110.33. iShares Short Treasury Bond ETF has a 52 week low of $109.85 and a 52 week high of $110.64.

iShares Short Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st will be given a $0.4668 dividend. This represents a $5.60 annualized dividend and a yield of 5.09%. This is an increase from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.47. The ex-dividend date of this dividend is Friday, November 1st.

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.