RIA Advisory Group LLC Invests $1.42 Million in iShares Short Treasury Bond ETF (NASDAQ:SHV)

RIA Advisory Group LLC acquired a new position in iShares Short Treasury Bond ETF (NASDAQ:SHV) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 12,817 shares of the company’s stock, valued at approximately $1,418,000.

Several other large investors have also recently modified their holdings of the stock. Rothschild Investment LLC bought a new stake in shares of iShares Short Treasury Bond ETF in the second quarter worth about $40,000. Benjamin F. Edwards & Company Inc. bought a new stake in shares of iShares Short Treasury Bond ETF in the second quarter worth about $43,000. Massmutual Trust Co. FSB ADV bought a new stake in iShares Short Treasury Bond ETF during the 2nd quarter valued at approximately $48,000. Financial Gravity Asset Management Inc. boosted its position in iShares Short Treasury Bond ETF by 1,323.5% during the 2nd quarter. Financial Gravity Asset Management Inc. now owns 484 shares of the company’s stock valued at $53,000 after acquiring an additional 450 shares in the last quarter. Finally, Abich Financial Wealth Management LLC boosted its position in iShares Short Treasury Bond ETF by 56.9% during the 1st quarter. Abich Financial Wealth Management LLC now owns 590 shares of the company’s stock valued at $65,000 after acquiring an additional 214 shares in the last quarter. 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 traded up $0.03 during trading hours on Friday, hitting $110.31. 3,490,072 shares of the stock traded hands, compared to its average volume of 2,950,404. The firm’s 50-day moving average price is $110.37 and its two-hundred day moving average price is $110.33. iShares Short Treasury Bond ETF has a one year low of $109.85 and a one year high of $110.64.

iShares Short Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a $0.4668 dividend. This is a positive change from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.47. This represents a $5.60 dividend on an annualized basis and a yield of 5.08%. The ex-dividend date was Friday, November 1st.

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.