Concord Wealth Partners Increases Stock Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Concord Wealth Partners lifted its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 42.7% in the 4th quarter, HoldingsChannel reports. The fund owned 262,285 shares of the company’s stock after purchasing an additional 78,521 shares during the quarter. iShares Short Treasury Bond ETF comprises 4.7% of Concord Wealth Partners’ investment portfolio, making the stock its 3rd largest position. Concord Wealth Partners’ holdings in iShares Short Treasury Bond ETF were worth $28,880,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in SHV. Whalen Wealth Management Inc. grew its stake in iShares Short Treasury Bond ETF by 9.5% during the 3rd quarter. Whalen Wealth Management Inc. now owns 48,398 shares of the company’s stock worth $5,354,000 after buying an additional 4,205 shares during the last quarter. Vontobel Holding Ltd. acquired a new stake in iShares Short Treasury Bond ETF in the 3rd quarter worth approximately $519,000. Daymark Wealth Partners LLC raised its holdings in shares of iShares Short Treasury Bond ETF by 7.6% in the third quarter. Daymark Wealth Partners LLC now owns 2,467 shares of the company’s stock worth $273,000 after buying an additional 174 shares during the last quarter. Quantinno Capital Management LP grew its holdings in shares of iShares Short Treasury Bond ETF by 12.0% during the third quarter. Quantinno Capital Management LP now owns 2,802 shares of the company’s stock valued at $310,000 after buying an additional 300 shares during the last quarter. Finally, GenWealth Group Inc. increased its position in shares of iShares Short Treasury Bond ETF by 12.5% in the 3rd quarter. GenWealth Group Inc. now owns 9,928 shares of the company’s stock valued at $1,098,000 after acquiring an additional 1,102 shares during the period. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Stock Performance

Shares of NASDAQ:SHV opened at $110.50 on Friday. The business has a 50-day moving average price of $110.24 and a 200-day moving average price of $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 firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.4268 dividend. This represents a $5.12 annualized dividend and a yield of 4.63%. The ex-dividend date was Wednesday, December 18th.

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.