Spire Wealth Management Grows Stake in iShares Short Treasury Bond ETF $SHV

Spire Wealth Management lifted its position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 5.4% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 42,458 shares of the company’s stock after acquiring an additional 2,182 shares during the period. Spire Wealth Management’s holdings in iShares Short Treasury Bond ETF were worth $4,688,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Arkadios Wealth Advisors lifted its holdings in iShares Short Treasury Bond ETF by 13.4% in the 2nd quarter. Arkadios Wealth Advisors now owns 12,584 shares of the company’s stock valued at $1,390,000 after purchasing an additional 1,484 shares in the last quarter. Whalen Wealth Management Inc. grew its stake in shares of iShares Short Treasury Bond ETF by 13.8% during the 2nd quarter. Whalen Wealth Management Inc. now owns 103,793 shares of the company’s stock valued at $11,461,000 after buying an additional 12,592 shares during the period. Bull Oak Capital LLC increased its stake in iShares Short Treasury Bond ETF by 17.0% during the second quarter. Bull Oak Capital LLC now owns 216,101 shares of the company’s stock worth $23,862,000 after acquiring an additional 31,418 shares during the last quarter. GWN Securities Inc. raised its holdings in iShares Short Treasury Bond ETF by 163.7% in the second quarter. GWN Securities Inc. now owns 88,422 shares of the company’s stock valued at $9,766,000 after buying an additional 54,892 shares during the period. Finally, Banco Santander S.A. raised its stake in shares of iShares Short Treasury Bond ETF by 173.9% in the 2nd quarter. Banco Santander S.A. now owns 309,079 shares of the company’s stock valued at $34,129,000 after acquiring an additional 196,238 shares during the period. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Trading Down 0.0%

SHV stock opened at $110.46 on Thursday. The stock has a 50-day simple moving average of $110.34 and a 200-day simple moving average of $110.29. iShares Short Treasury Bond ETF has a 1 year low of $109.91 and a 1 year high of $110.57.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were paid a $0.3674 dividend. The ex-dividend date was Wednesday, October 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.