Cassaday & Co Wealth Management LLC Has $265,000 Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Cassaday & Co Wealth Management LLC boosted its position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 6.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,396 shares of the company’s stock after buying an additional 146 shares during the quarter. Cassaday & Co Wealth Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $265,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Rothschild Investment LLC bought a new stake in shares of iShares Short Treasury Bond ETF during the second quarter worth $40,000. Benjamin F. Edwards & Company Inc. bought a new stake in iShares Short Treasury Bond ETF during the 2nd quarter worth about $43,000. Massmutual Trust Co. FSB ADV acquired a new position in iShares Short Treasury Bond ETF during the 2nd quarter valued at about $48,000. Financial Gravity Asset Management Inc. boosted its stake in shares of 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 purchasing an additional 450 shares during the last quarter. Finally, Abich Financial Wealth Management LLC grew its position in shares of iShares Short Treasury Bond ETF by 56.9% during the 1st quarter. Abich Financial Wealth Management LLC now owns 590 shares of the company’s stock worth $65,000 after buying an additional 214 shares during the period. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

SHV opened at $110.33 on Tuesday. 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 has a 50 day simple moving average of $110.37 and a 200 day simple moving average of $110.33.

iShares Short Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a $0.4668 dividend. The ex-dividend date was Friday, November 1st. This represents a $5.60 dividend on an annualized basis and a dividend yield of 5.08%. This is an increase from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.47.

iShares Short Treasury Bond ETF Profile

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.