GM Advisory Group LLC Lowers Holdings in iShares Short Treasury Bond ETF $SHV

GM Advisory Group LLC decreased its position in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 27.7% during the third quarter, HoldingsChannel.com reports. The firm owned 146,445 shares of the company’s stock after selling 56,166 shares during the quarter. GM Advisory Group LLC’s holdings in iShares Short Treasury Bond ETF were worth $16,181,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Advisory Services Network LLC increased its stake in iShares Short Treasury Bond ETF by 6.1% during the 3rd quarter. Advisory Services Network LLC now owns 307,504 shares of the company’s stock valued at $33,976,000 after purchasing an additional 17,625 shares in the last quarter. Apexium Financial LP bought a new position in shares of iShares Short Treasury Bond ETF in the third quarter worth approximately $625,000. KDT Advisors LLC purchased a new stake in shares of iShares Short Treasury Bond ETF during the third quarter valued at approximately $3,338,000. Financial Engines Advisors L.L.C. grew its holdings in shares of iShares Short Treasury Bond ETF by 4.2% during the third quarter. Financial Engines Advisors L.L.C. now owns 154,176 shares of the company’s stock valued at $17,035,000 after buying an additional 6,153 shares during the last quarter. Finally, NewEdge Advisors LLC increased its position in shares of iShares Short Treasury Bond ETF by 15.3% during the third quarter. NewEdge Advisors LLC now owns 145,574 shares of the company’s stock valued at $16,084,000 after acquiring an additional 19,288 shares in the last quarter. 7.10% of the stock is owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Price Performance

Shares of SHV opened at $110.25 on Wednesday. iShares Short Treasury Bond ETF has a twelve month low of $110.02 and a twelve month high of $110.50. The firm has a 50 day moving average of $110.26 and a 200 day moving average of $110.27.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a $0.342 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

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.