Massmutual Trust Co. FSB ADV Invests $220,000 in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Massmutual Trust Co. FSB ADV purchased a new stake in iShares Short Treasury Bond ETF (NASDAQ:SHV – Get Rating) in the fourth quarter, HoldingsChannel reports. The firm purchased 2,002 shares of the company’s stock, valued at approximately $220,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SHV. Phillips Financial Management LLC acquired a new stake in shares of iShares Short Treasury Bond ETF in the third quarter valued at approximately $28,000. Castleview Partners LLC acquired a new position in iShares Short Treasury Bond ETF during the second quarter valued at approximately $32,000. Ambassador Advisors LLC increased its holdings in shares of iShares Short Treasury Bond ETF by 213.2% during the third quarter. Ambassador Advisors LLC now owns 379 shares of the company’s stock worth $41,000 after buying an additional 258 shares in the last quarter. EPG Wealth Management LLC acquired a new position in shares of iShares Short Treasury Bond ETF during the third quarter worth $50,000. Finally, Hudock Inc. increased its holdings in shares of iShares Short Treasury Bond ETF by 22.7% during the third quarter. Hudock Inc. now owns 498 shares of the company’s stock worth $54,000 after buying an additional 92 shares in the last quarter. 9.11% of the stock is currently owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Trading Up 0.1 %

Shares of NASDAQ:SHV opened at $110.38 on Friday. The company has a fifty day moving average of $110.11 and a 200-day moving average of $109.99. iShares Short Treasury Bond ETF has a 52-week low of $109.73 and a 52-week high of $110.38.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, March 7th. Stockholders of record on Thursday, March 2nd were issued a dividend of $0.29 per share. The ex-dividend date was Wednesday, March 1st. This represents a $3.48 annualized dividend and a dividend yield of 3.15%.

iShares Short Treasury Bond ETF Company Profile

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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.