Massmutual Trust Co. FSB ADV acquired a new equity position in the iShares Short Treasury Bond ETF (NASDAQ: SHV – Get Rating) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The company acquired 2,002 shares of the company, valued at approximately $220,000.
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Other hedge funds have also increased or reduced their stakes in the company. Bank of New York Mellon Corp increased its equity stake in the iShares Short Treasury Bond ETF by 338.9% in Q1. Bank of New York Mellon Corp now owns 21,690 shares of the company valued at $2,391,000 after purchasing an additional 16,748 shares during the period. PNC Financial Services Group Inc. increased its position in iShares Short Treasury Bond ETF shares by 34.2% in the first quarter. PNC Financial Services Group Inc. now owns 7,588 shares of the company valued at $837,000 after acquiring 1,934 additional shares in the last quarter. Sei Investments Co. increased its equity position in the iShares Short Treasury Bond ETF by 8.9% in the first quarter. Sei Investments Co. now owns 3,665 shares of the company valued at $406,000 after acquiring 299 additional shares in the last quarter. Cetera Investment Advisers increased its equity position in the iShares Short Treasury Bond ETF by 208.6% in the first quarter. Cetera Investment Advisers now owns 21,535 shares of the company valued at $2,374,000 after acquiring an additional 14,557 shares in the last quarter. Finally, Mather Group LLC. acquired a new stake in shares of iShares Short Treasury Bond ETF in the first quarter worth approximately $243,000. Institutional investors and hedge funds hold 9.11% of the company’s shares.
iShares Short Treasury Bond ETF Equity up 0.1%
NASDAQ: SHV opened at $110.38 on Friday. The stock’s 50-day simple moving average is $110.11 and its 200-day simple moving average is $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 Dividends
The company also recently announced a monthly dividend, which was paid on Tuesday, March 7. Investors of record on Thursday, March 2 received a dividend of $0.29. This represents a dividend of $3.48 on an annualized basis and a dividend yield of 3.15%. The ex-dividend date was Wednesday, March 1.
About iShares Short Treasury Bond ETF
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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 US Short Treasury Bond Index (the Index). The index measures the performance of US Treasury bonds with residual maturities between 1 and 12 months.
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