Great Valley Advisor Group Inc. Has $2.46 Million Stock Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Great Valley Advisor Group Inc. cut its position in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 35.5% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 22,208 shares of the company’s stock after selling 12,221 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in iShares Short Treasury Bond ETF were worth $2,457,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Rothschild Investment LLC acquired a new stake in shares of iShares Short Treasury Bond ETF in the 2nd quarter valued at about $40,000. Benjamin F. Edwards & Company Inc. bought a new position in iShares Short Treasury Bond ETF in the 2nd quarter valued at about $43,000. Massmutual Trust Co. FSB ADV bought a new position in iShares Short Treasury Bond ETF in the 2nd quarter valued at about $48,000. MidAtlantic Capital Management Inc. bought a new position in iShares Short Treasury Bond ETF in the 3rd quarter valued at about $48,000. Finally, Financial Gravity Asset Management Inc. lifted its position in iShares Short Treasury Bond ETF by 1,323.5% in the 2nd quarter. Financial Gravity Asset Management Inc. now owns 484 shares of the company’s stock valued at $53,000 after acquiring an additional 450 shares in the last quarter. 7.10% of the stock is currently owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Stock Up 0.0 %

Shares of NASDAQ SHV opened at $110.41 on Monday. iShares Short Treasury Bond ETF has a fifty-two week low of $109.85 and a fifty-two week high of $110.64. The firm’s 50-day simple moving average is $110.37 and its 200 day simple moving average is $110.34.

iShares Short Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a $0.4668 dividend. This is a boost from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.47. The ex-dividend date of this dividend was Friday, November 1st. This represents a $5.60 annualized dividend and a yield of 5.07%.

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.