iShares Short Treasury Bond ETF (NASDAQ:SHV) is Cynosure Group LLC’s Largest Position

Cynosure Group LLC raised its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 3.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 560,749 shares of the company’s stock after purchasing an additional 17,145 shares during the quarter. iShares Short Treasury Bond ETF makes up about 8.9% of Cynosure Group LLC’s holdings, making the stock its biggest holding. Cynosure Group LLC’s holdings in iShares Short Treasury Bond ETF were worth $62,036,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. Trilogy Capital Inc. lifted its stake in shares of iShares Short Treasury Bond ETF by 1.5% in the 3rd quarter. Trilogy Capital Inc. now owns 6,326 shares of the company’s stock valued at $700,000 after purchasing an additional 92 shares during the period. Fortis Advisors LLC lifted its position in iShares Short Treasury Bond ETF by 1.3% during the third quarter. Fortis Advisors LLC now owns 7,736 shares of the company’s stock valued at $856,000 after buying an additional 99 shares during the period. ERTS Wealth Advisors LLC boosted its holdings in shares of iShares Short Treasury Bond ETF by 1.6% during the 2nd quarter. ERTS Wealth Advisors LLC now owns 6,489 shares of the company’s stock valued at $717,000 after buying an additional 103 shares in the last quarter. KWB Wealth grew its position in shares of iShares Short Treasury Bond ETF by 1.3% in the 3rd quarter. KWB Wealth now owns 8,421 shares of the company’s stock worth $931,000 after buying an additional 107 shares during the period. Finally, Gryphon Financial Partners LLC increased its stake in shares of iShares Short Treasury Bond ETF by 1.8% in the 2nd quarter. Gryphon Financial Partners LLC now owns 6,660 shares of the company’s stock worth $736,000 after acquiring an additional 120 shares in the last quarter. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Price Performance

NASDAQ:SHV opened at $110.44 on Wednesday. iShares Short Treasury Bond ETF has a one year low of $109.85 and a one year high of $110.64. The company’s 50-day simple moving average is $110.37 and its 200 day simple moving average is $110.34.

iShares Short Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a $0.4668 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $5.60 annualized dividend and a dividend yield of 5.07%. This is an increase from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.47.

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.