Fonville Wealth Management LLC Makes New Investment in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Fonville Wealth Management LLC purchased a new position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 2,222 shares of the company’s stock, valued at approximately $245,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Western Wealth Management LLC grew its position in iShares Short Treasury Bond ETF by 5.8% during the 4th quarter. Western Wealth Management LLC now owns 6,947 shares of the company’s stock worth $765,000 after purchasing an additional 383 shares during the period. Marino Stram & Associates LLC grew its position in shares of iShares Short Treasury Bond ETF by 14.8% during the 4th quarter. Marino Stram & Associates LLC now owns 9,640 shares of the company’s stock valued at $1,062,000 after acquiring an additional 1,246 shares during the period. Buffington Mohr McNeal acquired a new stake in shares of iShares Short Treasury Bond ETF during the 4th quarter valued at about $256,000. Flputnam Investment Management Co. acquired a new stake in shares of iShares Short Treasury Bond ETF during the 4th quarter valued at about $3,113,000. Finally, Oak Family Advisors LLC grew its position in shares of iShares Short Treasury Bond ETF by 32.3% during the 4th quarter. Oak Family Advisors LLC now owns 11,832 shares of the company’s stock valued at $1,303,000 after acquiring an additional 2,888 shares during the period. 7.10% of the stock is owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Price Performance

Shares of NASDAQ:SHV traded up $0.05 during trading on Thursday, reaching $110.33. 3,416,003 shares of the company’s stock traded hands, compared to its average volume of 2,365,243. iShares Short Treasury Bond ETF has a fifty-two week low of $109.85 and a fifty-two week high of $110.60. The company has a 50-day simple moving average of $110.30 and a 200-day simple moving average of $110.27.

iShares Short Treasury Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.4819 per share. This represents a $5.78 dividend on an annualized basis and a dividend yield of 5.24%. The ex-dividend date of this dividend was Monday, April 1st.

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.