Farringdon Capital Ltd. Purchases New Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Farringdon Capital Ltd. acquired a new position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 95,364 shares of the company’s stock, valued at approximately $10,501,000. iShares Short Treasury Bond ETF makes up approximately 4.3% of Farringdon Capital Ltd.’s investment portfolio, making the stock its biggest position. Farringdon Capital Ltd. owned approximately 0.06% of iShares Short Treasury Bond ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. World Investment Advisors LLC raised its stake in iShares Short Treasury Bond ETF by 4.7% during the 3rd quarter. World Investment Advisors LLC now owns 10,719 shares of the company’s stock worth $1,186,000 after acquiring an additional 482 shares in the last quarter. Destination Wealth Management grew its holdings in shares of iShares Short Treasury Bond ETF by 0.9% during the third quarter. Destination Wealth Management now owns 10,667 shares of the company’s stock worth $1,180,000 after purchasing an additional 100 shares during the last quarter. Beaird Harris Wealth Management LLC grew its holdings in shares of iShares Short Treasury Bond ETF by 580.5% during the third quarter. Beaird Harris Wealth Management LLC now owns 1,674 shares of the company’s stock worth $185,000 after purchasing an additional 1,428 shares during the last quarter. Independent Solutions Wealth Management LLC increased its position in shares of iShares Short Treasury Bond ETF by 112.8% during the third quarter. Independent Solutions Wealth Management LLC now owns 18,974 shares of the company’s stock worth $2,099,000 after purchasing an additional 10,059 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of iShares Short Treasury Bond ETF by 23.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,031,532 shares of the company’s stock valued at $999,158,000 after purchasing an additional 1,732,399 shares during the last quarter. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

Shares of NASDAQ SHV opened at $110.29 on Thursday. The business has a 50-day moving average price of $110.27 and a 200 day moving average price of $110.27. 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 company also recently disclosed a monthly dividend, which was paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st were issued a $0.3836 dividend. This represents a $4.60 annualized dividend and a dividend yield of 4.17%. The ex-dividend date was Tuesday, April 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.