Independent Solutions Wealth Management LLC Purchases 10,059 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Independent Solutions Wealth Management LLC boosted its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 112.8% during the third quarter, Holdings Channel reports. The institutional investor owned 18,974 shares of the company’s stock after acquiring an additional 10,059 shares during the quarter. Independent Solutions Wealth Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $2,099,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of SHV. &PARTNERS boosted its position in shares of iShares Short Treasury Bond ETF by 43.2% during the 2nd quarter. &PARTNERS now owns 8,803 shares of the company’s stock valued at $973,000 after acquiring an additional 2,655 shares in the last quarter. Premier Path Wealth Partners LLC lifted its stake in iShares Short Treasury Bond ETF by 6.4% during the second quarter. Premier Path Wealth Partners LLC now owns 23,827 shares of the company’s stock worth $2,633,000 after purchasing an additional 1,443 shares during the period. Family Firm Inc. acquired a new stake in iShares Short Treasury Bond ETF during the second quarter valued at approximately $197,000. Banque Pictet & Cie SA grew its stake in shares of iShares Short Treasury Bond ETF by 28.8% in the 2nd quarter. Banque Pictet & Cie SA now owns 77,941 shares of the company’s stock valued at $8,612,000 after purchasing an additional 17,431 shares during the period. Finally, Wooster Corthell Wealth Management Inc. raised its holdings in shares of iShares Short Treasury Bond ETF by 27.6% in the 2nd quarter. Wooster Corthell Wealth Management Inc. now owns 12,602 shares of the company’s stock worth $1,393,000 after buying an additional 2,722 shares in the last quarter. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

Shares of iShares Short Treasury Bond ETF stock traded up $0.01 during midday trading on Thursday, hitting $109.93. 2,456,128 shares of the company were exchanged, compared to its average volume of 2,939,715. The firm has a 50 day simple moving average of $110.32 and a 200-day simple moving average of $110.33. iShares Short Treasury Bond ETF has a 52 week low of $109.91 and a 52 week high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th will be paid a $0.4268 dividend. The ex-dividend date of this dividend is Wednesday, December 18th. This represents a $5.12 annualized dividend and a dividend yield of 4.66%.

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.