Ritholtz Wealth Management Has $45.25 Million Stock Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Ritholtz Wealth Management boosted its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHVGet Rating) by 785.5% in the second quarter, HoldingsChannel reports. The firm owned 410,999 shares of the company’s stock after purchasing an additional 364,584 shares during the period. iShares Short Treasury Bond ETF makes up about 2.9% of Ritholtz Wealth Management’s investment portfolio, making the stock its 8th biggest holding. Ritholtz Wealth Management’s holdings in iShares Short Treasury Bond ETF were worth $45,251,000 as of its most recent filing with the SEC.

A number of other hedge funds have also added to or reduced their stakes in SHV. Milliman Financial Risk Management LLC purchased a new position in shares of iShares Short Treasury Bond ETF during the first quarter valued at approximately $1,058,074,000. BlackRock Inc. boosted its position in iShares Short Treasury Bond ETF by 71.0% in the first quarter. BlackRock Inc. now owns 9,634,633 shares of the company’s stock worth $1,062,219,000 after purchasing an additional 3,999,744 shares during the last quarter. JPMorgan Chase & Co. boosted its position in iShares Short Treasury Bond ETF by 107.7% in the first quarter. JPMorgan Chase & Co. now owns 7,317,238 shares of the company’s stock worth $806,725,000 after purchasing an additional 3,793,861 shares during the last quarter. Clark Capital Management Group Inc. purchased a new position in iShares Short Treasury Bond ETF in the first quarter worth $339,328,000. Finally, Cornerstone Retirement Group Inc. boosted its position in iShares Short Treasury Bond ETF by 121,116.0% in the first quarter. Cornerstone Retirement Group Inc. now owns 1,827,938 shares of the company’s stock worth $201,465,000 after purchasing an additional 1,826,430 shares during the last quarter.

iShares Short Treasury Bond ETF Stock Performance

SHV stock remained flat at $109.97 during midday trading on Friday. The company’s stock had a trading volume of 1,980 shares, compared to its average volume of 3,841,089. The company’s 50-day moving average is $110.02 and its 200-day moving average is $110.12. iShares Short Treasury Bond ETF has a twelve month low of $109.92 and a twelve month high of $110.47.

iShares Short Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, September 8th. Investors of record on Friday, September 2nd were paid a dividend of $0.161 per share. This represents a $1.93 dividend on an annualized basis and a dividend yield of 1.76%. This is a positive change from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.13. The ex-dividend date was Thursday, September 1st.

About iShares Short Treasury Bond ETF

(Get Rating)

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.

See Also

Want to see what other hedge funds are holding SHV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Short Treasury Bond ETF (NASDAQ:SHVGet Rating).

Institutional Ownership by Quarter for iShares Short Treasury Bond ETF (NASDAQ:SHV)

Receive News & Ratings for iShares Short Treasury Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Short Treasury Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.