Bfsg LLC Trims Stake in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Bfsg LLC reduced its position in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 3.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 8,442 shares of the company’s stock after selling 261 shares during the period. Bfsg LLC’s holdings in iShares Short Treasury Bond ETF were worth $930,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Morgan Stanley increased its position in shares of iShares Short Treasury Bond ETF by 0.4% during the third quarter. Morgan Stanley now owns 7,544,605 shares of the company’s stock worth $833,453,000 after acquiring an additional 29,786 shares during the period. Gateway Advisory LLC increased its position in shares of iShares Short Treasury Bond ETF by 6.8% during the third quarter. Gateway Advisory LLC now owns 1,654,317 shares of the company’s stock worth $182,752,000 after acquiring an additional 105,580 shares during the period. Anchor Capital Advisors LLC increased its holdings in iShares Short Treasury Bond ETF by 282.1% during the third quarter. Anchor Capital Advisors LLC now owns 1,512,931 shares of the company’s stock valued at $167,133,000 after buying an additional 1,116,959 shares during the period. LPL Financial LLC increased its holdings in iShares Short Treasury Bond ETF by 10.5% during the third quarter. LPL Financial LLC now owns 1,439,607 shares of the company’s stock valued at $159,033,000 after buying an additional 136,851 shares during the period. Finally, Royal Bank of Canada increased its holdings in iShares Short Treasury Bond ETF by 32.6% during the third quarter. Royal Bank of Canada now owns 1,368,118 shares of the company’s stock valued at $151,135,000 after buying an additional 335,992 shares during the period. 7.10% of the stock is owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Stock Performance

SHV stock traded up $0.02 during trading on Wednesday, hitting $110.40. 2,023,651 shares of the company’s stock traded hands, compared to its average volume of 2,377,103. The business has a fifty day simple moving average of $110.31 and a two-hundred day simple moving average of $110.28. iShares Short Treasury Bond ETF has a 1 year low of $109.85 and a 1 year high of $110.60.

iShares Short Treasury Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.4819 per share. The ex-dividend date was Monday, April 1st. This represents a $5.78 annualized dividend and a dividend yield of 5.24%.

iShares Short Treasury Bond ETF Company 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.