Sugar Maple Asset Management LLC Lowers Stock Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Sugar Maple Asset Management LLC cut its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 9.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,784 shares of the company’s stock after selling 304 shares during the period. Sugar Maple Asset Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $308,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Capstone Wealth Management Group LLC grew its holdings in shares of iShares Short Treasury Bond ETF by 19.2% in the second quarter. Capstone Wealth Management Group LLC now owns 110,156 shares of the company’s stock valued at $12,172,000 after purchasing an additional 17,721 shares in the last quarter. Karpus Management Inc. grew its stake in shares of iShares Short Treasury Bond ETF by 70.2% in the first quarter. Karpus Management Inc. now owns 23,000 shares of the company’s stock worth $2,542,000 after acquiring an additional 9,490 shares in the last quarter. Vontobel Holding Ltd. purchased a new stake in shares of iShares Short Treasury Bond ETF during the third quarter worth $519,000. Daymark Wealth Partners LLC raised its stake in shares of iShares Short Treasury Bond ETF by 7.6% in the third quarter. Daymark Wealth Partners LLC now owns 2,467 shares of the company’s stock valued at $273,000 after acquiring an additional 174 shares in the last quarter. Finally, Ascent Group LLC boosted its holdings in iShares Short Treasury Bond ETF by 1.2% in the first quarter. Ascent Group LLC now owns 14,558 shares of the company’s stock valued at $1,609,000 after purchasing an additional 172 shares during the period. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

Shares of NASDAQ SHV opened at $110.31 on Friday. The stock’s 50-day moving average is $110.37 and its two-hundred day moving average is $110.32. iShares Short Treasury Bond ETF has a 1-year low of $109.85 and a 1-year high of $110.64.

iShares Short Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a dividend of $0.4668 per share. This represents a $5.60 dividend on an annualized basis and a dividend yield of 5.08%. This is a positive change from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.47. The ex-dividend date of this dividend was Friday, November 1st.

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.