Jacobi Capital Management LLC Purchases Shares of 117,527 iShares Short Treasury Bond ETF (SHV)

Jacobi Capital Management LLC purchased a new position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) during the 3rd quarter, HoldingsChannel reports. The firm purchased 117,527 shares of the company’s stock, valued at approximately $12,980,000. iShares Short Treasury Bond ETF accounts for 3.5% of Jacobi Capital Management LLC’s portfolio, making the stock its 5th largest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of SHV. BlackRock Inc. boosted its position in shares of iShares Short Treasury Bond ETF by 2.6% during the 2nd quarter. BlackRock Inc. now owns 10,735,235 shares of the company’s stock worth $1,185,599,000 after acquiring an additional 272,126 shares in the last quarter. Bank of America Corp DE boosted its position in shares of iShares Short Treasury Bond ETF by 114.2% during the 2nd quarter. Bank of America Corp DE now owns 2,063,119 shares of the company’s stock worth $227,851,000 after acquiring an additional 1,100,042 shares in the last quarter. Banco Santander S.A. boosted its position in shares of iShares Short Treasury Bond ETF by 6.8% during the 3rd quarter. Banco Santander S.A. now owns 1,494,835 shares of the company’s stock worth $165,090,000 after acquiring an additional 95,588 shares in the last quarter. Wells Fargo & Company MN boosted its position in shares of iShares Short Treasury Bond ETF by 117.9% during the 3rd quarter. Wells Fargo & Company MN now owns 1,251,984 shares of the company’s stock worth $138,269,000 after acquiring an additional 677,419 shares in the last quarter. Finally, Morgan Stanley boosted its position in shares of iShares Short Treasury Bond ETF by 1.2% during the 2nd quarter. Morgan Stanley now owns 1,212,235 shares of the company’s stock worth $133,880,000 after acquiring an additional 13,884 shares in the last quarter.

NASDAQ:SHV opened at $110.32 on Friday. iShares Short Treasury Bond ETF has a 1 year low of $110.18 and a 1 year high of $110.48.

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

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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.

Further Reading: How Do I Invest in Dividend Stocks

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:SHV).

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

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