CapWealth Advisors LLC Buys New Position in iShares Short Treasury Bond ETF (SHV)

CapWealth Advisors LLC bought a new stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 4,776 shares of the company’s stock, valued at approximately $527,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. NextCapital Advisers Inc. purchased a new position in shares of iShares Short Treasury Bond ETF in the 3rd quarter valued at approximately $14,952,000. Alaska Permanent Capital Management lifted its stake in shares of iShares Short Treasury Bond ETF by 20.9% in the 2nd quarter. Alaska Permanent Capital Management now owns 28,032 shares of the company’s stock valued at $3,095,000 after purchasing an additional 4,840 shares during the period. Bank of Nova Scotia raised its stake in iShares Short Treasury Bond ETF by 37.4% during the second quarter. Bank of Nova Scotia now owns 262,922 shares of the company’s stock valued at $29,151,000 after buying an additional 71,596 shares during the last quarter. Monument Capital Management purchased a new position in iShares Short Treasury Bond ETF during the third quarter valued at $316,000. Finally, First Allied Advisory Services Inc. raised its stake in iShares Short Treasury Bond ETF by 47.7% during the second quarter. First Allied Advisory Services Inc. now owns 3,803 shares of the company’s stock valued at $419,000 after buying an additional 1,228 shares during the last quarter.

Shares of NASDAQ:SHV opened at $110.29 on Thursday. iShares Short Treasury Bond ETF has a 12-month low of $110.18 and a 12-month high of $110.48.

The business also recently disclosed a monthly dividend, which will be paid on Friday, December 7th. Shareholders of record on Tuesday, December 4th will be paid a dividend of $0.1899 per share. This is a boost from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.19. The ex-dividend date is Monday, December 3rd. This represents a $2.28 dividend on an annualized basis and a yield of 2.07%.

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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.

Read More: What is the S&P 500 Index?

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

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