Institute for Wealth Management LLC. Sells 18,802 Shares of iShares Short Treasury Bond ETF $SHV

Institute for Wealth Management LLC. trimmed its position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 34.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 35,910 shares of the company’s stock after selling 18,802 shares during the period. Institute for Wealth Management LLC.’s holdings in iShares Short Treasury Bond ETF were worth $3,968,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SHV. Elevation Point Wealth Partners LLC acquired a new stake in iShares Short Treasury Bond ETF in the second quarter valued at $55,000. Atlantic Union Bankshares Corp bought a new stake in shares of iShares Short Treasury Bond ETF in the 2nd quarter valued at about $56,000. Highline Wealth Partners LLC raised its holdings in shares of iShares Short Treasury Bond ETF by 355.8% in the 3rd quarter. Highline Wealth Partners LLC now owns 515 shares of the company’s stock valued at $57,000 after purchasing an additional 402 shares during the period. Asset Dedication LLC lifted its stake in iShares Short Treasury Bond ETF by 596.0% in the 2nd quarter. Asset Dedication LLC now owns 696 shares of the company’s stock valued at $77,000 after purchasing an additional 596 shares during the last quarter. Finally, PMV Capital Advisers LLC bought a new position in iShares Short Treasury Bond ETF during the second quarter worth about $100,000. 7.10% of the stock is owned by institutional investors.

iShares Short Treasury Bond ETF Price Performance

Shares of NASDAQ SHV opened at $110.11 on Monday. The business’s 50 day moving average price is $110.28 and its two-hundred day moving average price is $110.28. iShares Short Treasury Bond ETF has a twelve month low of $110.02 and a twelve month high of $110.51.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were issued a dividend of $0.3569 per share. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.