Berkshire Bank Buys 11,167 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Berkshire Bank increased its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 307.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,802 shares of the company’s stock after acquiring an additional 11,167 shares during the period. Berkshire Bank’s holdings in iShares Short Treasury Bond ETF were worth $1,630,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. MidAtlantic Capital Management Inc. purchased a new position in shares of iShares Short Treasury Bond ETF in the third quarter valued at about $48,000. Glass Jacobson Investment Advisors llc grew its stake in shares of 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 worth $50,000 after purchasing an additional 162 shares during the last quarter. Bristlecone Advisors LLC purchased a new position in iShares Short Treasury Bond ETF during the 3rd quarter valued at about $83,000. Beaird Harris Wealth Management LLC raised its position in iShares Short Treasury Bond ETF by 580.5% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 1,674 shares of the company’s stock valued at $185,000 after purchasing an additional 1,428 shares during the last quarter. Finally, Lauterbach Financial Advisors LLC purchased a new stake in iShares Short Treasury Bond ETF in the 3rd quarter worth approximately $202,000. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Price Performance

SHV opened at $110.44 on Tuesday. The stock’s 50 day moving average price is $110.23 and its 200-day moving average price is $110.32. iShares Short Treasury Bond ETF has a 52-week low of $109.91 and a 52-week high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.4268 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $5.12 annualized dividend and a yield of 4.64%.

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.