Investment Management Associates Inc. ADV Trims Stock Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Investment Management Associates Inc. ADV decreased its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 30.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 14,788 shares of the company’s stock after selling 6,399 shares during the quarter. iShares Short Treasury Bond ETF makes up 0.7% of Investment Management Associates Inc. ADV’s holdings, making the stock its 17th largest position. Investment Management Associates Inc. ADV’s holdings in iShares Short Treasury Bond ETF were worth $1,628,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. MidAtlantic Capital Management Inc. purchased a new position in iShares Short Treasury Bond ETF in the third quarter valued at $48,000. Glass Jacobson Investment Advisors llc increased its stake in shares of iShares Short Treasury Bond ETF by 55.5% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 454 shares of the company’s stock valued at $50,000 after purchasing an additional 162 shares in the last quarter. Synergy Asset Management LLC purchased a new position in iShares Short Treasury Bond ETF during the fourth quarter worth approximately $51,000. Bristlecone Advisors LLC acquired a new stake in iShares Short Treasury Bond ETF in the third quarter valued at approximately $83,000. Finally, Kestra Investment Management LLC acquired a new stake in iShares Short Treasury Bond ETF in the fourth quarter valued at approximately $97,000. 7.10% of the stock is owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Trading Up 0.0 %

Shares of NASDAQ:SHV opened at $110.32 on Friday. The business’s 50 day moving average price is $110.22 and its 200-day moving average price is $110.31. iShares Short Treasury Bond ETF has a 1 year low of $109.91 and a 1 year high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.4033 per share. The ex-dividend date was Monday, February 3rd.

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.