Bear Mountain Capital Inc. Invests $213,000 in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Bear Mountain Capital Inc. bought a new position in iShares Short Treasury Bond ETF (NASDAQ:SHV) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,931 shares of the company’s stock, valued at approximately $213,000.

Several other institutional investors have also made changes to their positions in SHV. Bank of New York Mellon Corp grew its position in iShares Short Treasury Bond ETF by 338.9% during the first quarter. Bank of New York Mellon Corp now owns 21,690 shares of the company’s stock valued at $2,391,000 after purchasing an additional 16,748 shares in the last quarter. PNC Financial Services Group Inc. grew its position in iShares Short Treasury Bond ETF by 34.2% during the first quarter. PNC Financial Services Group Inc. now owns 7,588 shares of the company’s stock valued at $837,000 after purchasing an additional 1,934 shares in the last quarter. Sei Investments Co. grew its position in iShares Short Treasury Bond ETF by 8.9% during the first quarter. Sei Investments Co. now owns 3,665 shares of the company’s stock valued at $406,000 after purchasing an additional 299 shares in the last quarter. Cetera Investment Advisers grew its position in iShares Short Treasury Bond ETF by 208.6% during the first quarter. Cetera Investment Advisers now owns 21,535 shares of the company’s stock valued at $2,374,000 after purchasing an additional 14,557 shares in the last quarter. Finally, Mather Group LLC. purchased a new position in iShares Short Treasury Bond ETF during the first quarter valued at approximately $243,000. 7.10% of the stock is owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Price Performance

NASDAQ SHV traded up $0.01 during trading on Friday, reaching $110.24. The company’s stock had a trading volume of 2,406,437 shares, compared to its average volume of 2,316,453. The business has a 50-day moving average price of $110.29 and a 200-day moving average price of $110.28. iShares Short Treasury Bond ETF has a 1-year low of $109.85 and a 1-year high of $110.60.

iShares Short Treasury Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were paid a $0.4819 dividend. This represents a $5.78 dividend on an annualized basis and a yield of 5.25%. The ex-dividend date was Monday, April 1st.

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.