ARS Wealth Advisors Group LLC Has $1.93 Million Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

ARS Wealth Advisors Group LLC decreased its position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 1.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,540 shares of the company’s stock after selling 220 shares during the period. ARS Wealth Advisors Group LLC’s holdings in iShares Short Treasury Bond ETF were worth $1,931,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Benjamin F. Edwards & Company Inc. acquired a new position in iShares Short Treasury Bond ETF during the 2nd quarter valued at $43,000. MidAtlantic Capital Management Inc. bought a new position in shares of iShares Short Treasury Bond ETF in the third quarter valued at about $48,000. Glass Jacobson Investment Advisors llc lifted its position in iShares Short Treasury Bond ETF by 55.5% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 454 shares of the company’s stock worth $50,000 after buying an additional 162 shares in the last quarter. Abich Financial Wealth Management LLC increased its position in iShares Short Treasury Bond ETF by 21.7% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 718 shares of the company’s stock valued at $79,000 after acquiring an additional 128 shares in the last quarter. Finally, Bristlecone Advisors LLC bought a new position in shares of iShares Short Treasury Bond ETF in the third quarter worth about $83,000. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Price Performance

Shares of SHV stock traded up $0.02 during trading hours on Wednesday, reaching $110.28. 5,896,826 shares of the company were exchanged, compared to its average volume of 5,103,130. iShares Short Treasury Bond ETF has a fifty-two week low of $109.91 and a fifty-two week high of $110.64. The stock’s fifty day moving average is $110.22 and its two-hundred day moving average is $110.31.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.4268 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $5.12 dividend on an annualized basis and a dividend yield of 4.64%.

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.