Morris Financial Concepts Inc. Has $7.29 Million Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Morris Financial Concepts Inc. increased its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 5.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 66,215 shares of the company’s stock after purchasing an additional 3,596 shares during the quarter. iShares Short Treasury Bond ETF accounts for 3.1% of Morris Financial Concepts Inc.’s holdings, making the stock its 8th biggest position. Morris Financial Concepts Inc.’s holdings in iShares Short Treasury Bond ETF were worth $7,291,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. JPMorgan Chase & Co. grew its stake in shares of iShares Short Treasury Bond ETF by 23.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,031,532 shares of the company’s stock worth $999,158,000 after acquiring an additional 1,732,399 shares in the last quarter. FMR LLC grew its stake in shares of iShares Short Treasury Bond ETF by 337.6% in the third quarter. FMR LLC now owns 2,069,990 shares of the company’s stock valued at $229,003,000 after buying an additional 1,596,924 shares in the last quarter. Divergent Wealth Advisors grew its stake in shares of iShares Short Treasury Bond ETF by 5.5% in the third quarter. Divergent Wealth Advisors now owns 1,156,791 shares of the company’s stock valued at $127,976,000 after buying an additional 60,638 shares in the last quarter. Stifel Financial Corp grew its stake in shares of iShares Short Treasury Bond ETF by 5.2% in the third quarter. Stifel Financial Corp now owns 599,055 shares of the company’s stock valued at $66,274,000 after buying an additional 29,814 shares in the last quarter. Finally, Cynosure Group LLC grew its stake in shares of iShares Short Treasury Bond ETF by 3.2% in the third quarter. Cynosure Group LLC now owns 560,749 shares of the company’s stock valued at $62,036,000 after buying an additional 17,145 shares in the last quarter. 7.10% of the stock is owned by institutional investors.

iShares Short Treasury Bond ETF Price Performance

NASDAQ:SHV opened at $110.20 on Thursday. iShares Short Treasury Bond ETF has a 1-year low of $109.91 and a 1-year high of $110.64. The firm has a fifty day simple moving average of $110.22 and a 200 day simple moving average of $110.31.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.4033 dividend. The ex-dividend date was Monday, February 3rd.

iShares Short Treasury Bond ETF 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.