Baron Wealth Management LLC Trims Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Baron Wealth Management LLC lowered its position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 31.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,728 shares of the company’s stock after selling 1,225 shares during the quarter. Baron Wealth Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $300,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. lifted its stake in shares of iShares Short Treasury Bond ETF by 23.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,031,532 shares of the company’s stock valued at $999,158,000 after buying an additional 1,732,399 shares in the last quarter. FMR LLC lifted its position in shares of iShares Short Treasury Bond ETF by 337.6% in the third quarter. FMR LLC now owns 2,069,990 shares of the company’s stock valued at $229,003,000 after acquiring an additional 1,596,924 shares in the last quarter. Janney Montgomery Scott LLC bought a new position in shares of iShares Short Treasury Bond ETF in the third quarter worth about $27,104,000. Whalen Wealth Management Inc. grew its position in shares of iShares Short Treasury Bond ETF by 442.7% during the fourth quarter. Whalen Wealth Management Inc. now owns 262,678 shares of the company’s stock worth $28,923,000 after purchasing an additional 214,280 shares in the last quarter. Finally, Presidio Capital Management LLC bought a new stake in iShares Short Treasury Bond ETF during the 3rd quarter valued at approximately $15,477,000. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Price Performance

NASDAQ SHV opened at $110.46 on Thursday. iShares Short Treasury Bond ETF has a 12 month low of $109.91 and a 12 month high of $110.64. The stock’s 50 day moving average is $110.24 and its 200 day moving average is $110.32.

iShares Short Treasury Bond ETF Cuts Dividend

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

iShares Short Treasury Bond ETF Company 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.