iShares Short Treasury Bond ETF (NASDAQ:SHV) Position Increased by Ridgewood Investments LLC

Ridgewood Investments LLC increased its position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 2.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 65,858 shares of the company’s stock after buying an additional 1,314 shares during the period. iShares Short Treasury Bond ETF comprises about 3.5% of Ridgewood Investments LLC’s portfolio, making the stock its 2nd biggest position. Ridgewood Investments LLC’s holdings in iShares Short Treasury Bond ETF were worth $7,252,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Benjamin F. Edwards & Company Inc. acquired a new position in iShares Short Treasury Bond ETF in the second quarter valued at approximately $43,000. MidAtlantic Capital Management Inc. acquired a new position in iShares Short Treasury Bond ETF in the third quarter valued at approximately $48,000. Glass Jacobson Investment Advisors llc boosted its holdings in iShares Short Treasury Bond ETF by 55.5% in the third 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. Abich Financial Wealth Management LLC boosted its holdings in iShares Short Treasury Bond ETF by 21.7% in the second quarter. Abich Financial Wealth Management LLC now owns 718 shares of the company’s stock valued at $79,000 after purchasing an additional 128 shares in the last quarter. Finally, Bristlecone Advisors LLC acquired a new position in iShares Short Treasury Bond ETF in the third quarter valued at approximately $83,000. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Price Performance

Shares of SHV stock traded up $0.04 during trading hours on Friday, hitting $110.24. The stock had a trading volume of 6,807,138 shares, compared to its average volume of 3,430,528. iShares Short Treasury Bond ETF has a twelve month low of $109.91 and a twelve month high of $110.64. The stock’s 50 day moving average is $110.21 and its 200 day moving average is $110.31.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.4268 dividend. This represents a $5.12 annualized dividend and a dividend yield of 4.65%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.