Arkfeld Wealth Strategies L.L.C. Reduces Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Arkfeld Wealth Strategies L.L.C. trimmed its position in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 2.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 78,562 shares of the company’s stock after selling 2,327 shares during the quarter. iShares Short Treasury Bond ETF makes up 4.8% of Arkfeld Wealth Strategies L.L.C.’s holdings, making the stock its 5th largest position. Arkfeld Wealth Strategies L.L.C.’s holdings in iShares Short Treasury Bond ETF were worth $8,656,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Beaird Harris Wealth Management LLC acquired a new stake in iShares Short Treasury Bond ETF during the third quarter worth approximately $27,000. Crewe Advisors LLC acquired a new stake in iShares Short Treasury Bond ETF during the fourth quarter worth approximately $27,000. Cape Investment Advisory Inc. acquired a new stake in shares of iShares Short Treasury Bond ETF in the fourth quarter valued at approximately $30,000. Baystate Wealth Management LLC raised its position in shares of iShares Short Treasury Bond ETF by 173.7% in the fourth quarter. Baystate Wealth Management LLC now owns 312 shares of the company’s stock valued at $34,000 after buying an additional 198 shares in the last quarter. Finally, Princeton Global Asset Management LLC acquired a new stake in shares of iShares Short Treasury Bond ETF in the fourth quarter valued at approximately $45,000. 7.10% of the stock is owned by institutional investors.

iShares Short Treasury Bond ETF Stock Performance

Shares of NASDAQ SHV remained flat at $110.42 during midday trading on Wednesday. 2,324,318 shares of the stock were exchanged, compared to its average volume of 2,384,796. iShares Short Treasury Bond ETF has a 52 week low of $109.85 and a 52 week high of $110.60. The stock’s fifty day moving average price is $110.29 and its 200 day moving average price is $110.27.

iShares Short Treasury Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were given a $0.4723 dividend. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $5.67 dividend on an annualized basis and a dividend yield of 5.13%.

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.