Alterna Wealth Management Inc. Boosts Stake in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Alterna Wealth Management Inc. lifted its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 71.6% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 65,531 shares of the company’s stock after purchasing an additional 27,344 shares during the period. iShares Short Treasury Bond ETF accounts for approximately 6.5% of Alterna Wealth Management Inc.’s holdings, making the stock its largest holding. Alterna Wealth Management Inc.’s holdings in iShares Short Treasury Bond ETF were worth $7,250,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Capstone Wealth Management Group LLC lifted its holdings in iShares Short Treasury Bond ETF by 19.2% during the second quarter. Capstone Wealth Management Group LLC now owns 110,156 shares of the company’s stock worth $12,172,000 after acquiring an additional 17,721 shares in the last quarter. Karpus Management Inc. lifted its holdings in iShares Short Treasury Bond ETF by 70.2% during the first quarter. Karpus Management Inc. now owns 23,000 shares of the company’s stock worth $2,542,000 after acquiring an additional 9,490 shares in the last quarter. Daymark Wealth Partners LLC lifted its holdings in iShares Short Treasury Bond ETF by 7.6% during the third quarter. Daymark Wealth Partners LLC now owns 2,467 shares of the company’s stock worth $273,000 after acquiring an additional 174 shares in the last quarter. Vontobel Holding Ltd. bought a new position in iShares Short Treasury Bond ETF during the third quarter worth about $519,000. Finally, Ascent Group LLC lifted its holdings in iShares Short Treasury Bond ETF by 1.2% during the first quarter. Ascent Group LLC now owns 14,558 shares of the company’s stock worth $1,609,000 after acquiring an additional 172 shares in the last quarter. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Trading Up 0.0 %

SHV stock opened at $110.17 on Tuesday. The business’s 50-day moving average price is $110.40 and its two-hundred day moving average price is $110.33. iShares Short Treasury Bond ETF has a 1-year low of $109.85 and a 1-year high of $110.64.

iShares Short Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st will be paid a $0.4668 dividend. This is an increase from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.47. The ex-dividend date is Friday, November 1st. This represents a $5.60 annualized dividend and a dividend yield of 5.09%.

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.