Maridea Wealth Management LLC Makes New $395,000 Investment in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Maridea Wealth Management LLC acquired a new stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 3,586 shares of the company’s stock, valued at approximately $395,000.

Other large investors also recently modified their holdings of the company. Glass Jacobson Investment Advisors llc grew its stake in iShares Short Treasury Bond ETF by 55.5% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 454 shares of the company’s stock valued at $50,000 after purchasing an additional 162 shares in the last quarter. Synergy Asset Management LLC bought a new stake in shares of iShares Short Treasury Bond ETF in the fourth quarter worth $51,000. Kestra Investment Management LLC bought a new stake in shares of iShares Short Treasury Bond ETF in the fourth quarter worth $97,000. Harbour Investments Inc. raised its holdings in iShares Short Treasury Bond ETF by 44.0% in the fourth quarter. Harbour Investments Inc. now owns 1,106 shares of the company’s stock valued at $122,000 after acquiring an additional 338 shares in the last quarter. Finally, Values First Advisors Inc. boosted its stake in iShares Short Treasury Bond ETF by 294.2% during the 4th quarter. Values First Advisors Inc. now owns 1,490 shares of the company’s stock valued at $164,000 after acquiring an additional 1,112 shares during the last quarter. 7.10% of the stock is currently owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Stock Up 0.0 %

Shares of SHV stock opened at $110.45 on Friday. iShares Short Treasury Bond ETF has a one year low of $109.91 and a one year high of $110.64. The company’s 50-day simple moving average is $110.30 and its 200-day simple moving average is $110.30.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a $0.3579 dividend. The ex-dividend date was Monday, March 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.