D.A. Davidson & CO. Makes New Investment in iShares Short Treasury Bond ETF (NASDAQ:SHV)

D.A. Davidson & CO. purchased a new position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) in the fourth quarter, Holdings Channel.com reports. The firm purchased 52,734 shares of the company’s stock, valued at approximately $5,807,000.

Other institutional investors also recently bought and sold shares of the company. MidAtlantic Capital Management Inc. purchased a new stake in iShares Short Treasury Bond ETF during the 3rd quarter worth about $48,000. Glass Jacobson Investment Advisors llc lifted its holdings in iShares Short Treasury Bond ETF by 55.5% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 454 shares of the company’s stock worth $50,000 after buying an additional 162 shares during the last quarter. Synergy Asset Management LLC purchased a new stake in iShares Short Treasury Bond ETF during the 4th quarter worth about $51,000. Bristlecone Advisors LLC purchased a new stake in iShares Short Treasury Bond ETF during the 3rd quarter worth about $83,000. Finally, Values First Advisors Inc. lifted its holdings in iShares Short Treasury Bond ETF by 294.2% during the 4th quarter. Values First Advisors Inc. now owns 1,490 shares of the company’s stock worth $164,000 after buying an additional 1,112 shares during the last quarter. 7.10% of the stock is owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Price Performance

iShares Short Treasury Bond ETF stock opened at $110.31 on Thursday. iShares Short Treasury Bond ETF has a fifty-two week low of $109.91 and a fifty-two week high of $110.64. The stock has a 50-day simple moving average of $110.22 and a 200-day simple moving average of $110.31.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a $0.4033 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.