LPL Financial LLC Has $197.72 Million Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

LPL Financial LLC boosted its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 0.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,787,257 shares of the company’s stock after buying an additional 1,983 shares during the quarter. LPL Financial LLC owned approximately 1.08% of iShares Short Treasury Bond ETF worth $197,724,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rothschild Investment LLC acquired a new position in shares of iShares Short Treasury Bond ETF in the 2nd quarter valued at about $40,000. Benjamin F. Edwards & Company Inc. bought a new stake in iShares Short Treasury Bond ETF in the 2nd quarter valued at about $43,000. Massmutual Trust Co. FSB ADV bought a new stake in iShares Short Treasury Bond ETF in the 2nd quarter valued at about $48,000. MidAtlantic Capital Management Inc. bought a new stake in iShares Short Treasury Bond ETF in the 3rd quarter valued at about $48,000. Finally, Financial Gravity Asset Management Inc. increased its holdings in iShares Short Treasury Bond ETF by 1,323.5% during the 2nd quarter. Financial Gravity Asset Management Inc. now owns 484 shares of the company’s stock worth $53,000 after purchasing an additional 450 shares in the last quarter. 7.10% of the stock is owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Price Performance

Shares of SHV opened at $110.37 on Friday. The stock has a 50 day moving average price of $110.37 and a two-hundred day moving average price of $110.33. iShares Short Treasury Bond ETF has a 52 week low of $109.85 and a 52 week high of $110.64.

iShares Short Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were issued a dividend of $0.4668 per share. This is a positive change from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.47. This represents a $5.60 dividend on an annualized basis and a yield of 5.08%. The ex-dividend date of this dividend was Friday, November 1st.

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.