Oakworth Capital Inc. Boosts Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Oakworth Capital Inc. raised its position in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 29.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 50,369 shares of the company’s stock after buying an additional 11,539 shares during the quarter. iShares Short Treasury Bond ETF makes up approximately 0.4% of Oakworth Capital Inc.’s portfolio, making the stock its 26th biggest position. Oakworth Capital Inc.’s holdings in iShares Short Treasury Bond ETF were worth $5,546,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. MidAtlantic Capital Management Inc. acquired a new position in iShares Short Treasury Bond ETF during the third quarter worth $48,000. Glass Jacobson Investment Advisors llc grew its holdings in iShares Short Treasury Bond ETF by 55.5% during the third quarter. Glass Jacobson Investment Advisors llc now owns 454 shares of the company’s stock worth $50,000 after acquiring an additional 162 shares during the period. Synergy Asset Management LLC acquired a new position in iShares Short Treasury Bond ETF during the fourth quarter worth $51,000. Bristlecone Advisors LLC acquired a new position in iShares Short Treasury Bond ETF during the third quarter worth $83,000. Finally, Beaird Harris Wealth Management LLC grew its holdings in iShares Short Treasury Bond ETF by 580.5% during the third quarter. Beaird Harris Wealth Management LLC now owns 1,674 shares of the company’s stock worth $185,000 after acquiring an additional 1,428 shares during the period. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Up 0.0 %

Shares of SHV stock opened at $110.14 on Thursday. The business’s fifty day moving average price is $110.23 and its 200 day moving average price is $110.32. 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 company also recently declared a dividend, which will be paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd will be given a $0.4033 dividend. The ex-dividend date of this dividend is Monday, February 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.