Keystone Financial Group Inc. Cuts Stock Position in iShares Short Treasury Bond ETF $SHV

Keystone Financial Group Inc. lessened its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 13.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 33,950 shares of the company’s stock after selling 5,257 shares during the period. iShares Short Treasury Bond ETF makes up about 2.1% of Keystone Financial Group Inc.’s investment portfolio, making the stock its 15th largest holding. Keystone Financial Group Inc.’s holdings in iShares Short Treasury Bond ETF were worth $3,751,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in SHV. Bank of America Corp DE increased its holdings in shares of iShares Short Treasury Bond ETF by 22.3% during the second quarter. Bank of America Corp DE now owns 3,172,414 shares of the company’s stock valued at $350,298,000 after acquiring an additional 579,074 shares in the last quarter. Wealthfront Advisers LLC grew its position in iShares Short Treasury Bond ETF by 16.2% during the 2nd quarter. Wealthfront Advisers LLC now owns 1,782,762 shares of the company’s stock valued at $196,853,000 after purchasing an additional 248,584 shares during the last quarter. Raymond James Financial Inc. increased its stake in iShares Short Treasury Bond ETF by 11.3% during the 2nd quarter. Raymond James Financial Inc. now owns 1,576,192 shares of the company’s stock valued at $174,043,000 after purchasing an additional 160,138 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. increased its stake in iShares Short Treasury Bond ETF by 1.8% during the 2nd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,544,694 shares of the company’s stock valued at $170,000,000 after purchasing an additional 26,689 shares in the last quarter. Finally, NFP Retirement Inc. raised its holdings in iShares Short Treasury Bond ETF by 45.3% in the second quarter. NFP Retirement Inc. now owns 1,245,522 shares of the company’s stock worth $137,531,000 after buying an additional 388,096 shares during the last quarter. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Trading Up 0.0%

Shares of NASDAQ SHV opened at $110.12 on Wednesday. The firm’s 50 day moving average price is $110.27 and its 200-day moving average price is $110.28. iShares Short Treasury Bond ETF has a 52-week low of $110.02 and a 52-week high of $110.51.

iShares Short Treasury Bond ETF Cuts Dividend

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

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