Fortis Group Advisors LLC Has $1.44 Million Stake in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Fortis Group Advisors LLC reduced its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 30.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 13,098 shares of the company’s stock after selling 5,650 shares during the quarter. Fortis Group Advisors LLC’s holdings in iShares Short Treasury Bond ETF were worth $1,442,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. MidAtlantic Capital Management Inc. acquired a new stake in iShares Short Treasury Bond ETF in the 3rd quarter valued at approximately $48,000. Glass Jacobson Investment Advisors llc boosted its position in shares of iShares Short Treasury Bond ETF by 55.5% in the third quarter. Glass Jacobson Investment Advisors llc now owns 454 shares of the company’s stock valued at $50,000 after acquiring an additional 162 shares during the period. Synergy Asset Management LLC acquired a new stake in shares of iShares Short Treasury Bond ETF in the fourth quarter worth $51,000. Bristlecone Advisors LLC acquired a new stake in shares of iShares Short Treasury Bond ETF in the third quarter worth $83,000. Finally, Values First Advisors Inc. increased its position in iShares Short Treasury Bond ETF by 294.2% during the fourth quarter. Values First Advisors Inc. now owns 1,490 shares of the company’s stock worth $164,000 after acquiring an additional 1,112 shares during the period. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Price Performance

Shares of iShares Short Treasury Bond ETF stock opened at $110.28 on Tuesday. The firm has a fifty day moving average price of $110.22 and a two-hundred day moving average price of $110.31. iShares Short Treasury Bond ETF has a fifty-two week low of $109.91 and a fifty-two week high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.4033 per share. The ex-dividend date was Monday, February 3rd.

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.