Investment Partners Asset Management Inc. Cuts Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Investment Partners Asset Management Inc. trimmed its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 2.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,500 shares of the company’s stock after selling 175 shares during the period. Investment Partners Asset Management Inc.’s holdings in iShares Short Treasury Bond ETF were worth $830,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in SHV. J.Safra Asset Management Corp grew its position in shares of iShares Short Treasury Bond ETF by 78.6% in the 1st quarter. J.Safra Asset Management Corp now owns 250 shares of the company’s stock worth $28,000 after acquiring an additional 110 shares in the last quarter. Rothschild Investment LLC bought a new stake in iShares Short Treasury Bond ETF during the second quarter valued at $40,000. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of iShares Short Treasury Bond ETF during the second quarter worth $43,000. Massmutual Trust Co. FSB ADV acquired a new position in shares of iShares Short Treasury Bond ETF in the 2nd quarter valued at about $48,000. Finally, Financial Gravity Asset Management Inc. boosted its stake in iShares Short Treasury Bond ETF by 1,323.5% in the second quarter. Financial Gravity Asset Management Inc. now owns 484 shares of the company’s stock valued at $53,000 after acquiring an additional 450 shares during the period. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

Shares of NASDAQ:SHV traded up $0.02 during trading hours on Monday, hitting $110.51. The stock had a trading volume of 2,020,675 shares, compared to its average volume of 2,849,326. The stock’s fifty day simple moving average is $110.40 and its 200 day simple moving average is $110.33. 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 Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.4755 per share. The ex-dividend date of this dividend was Tuesday, September 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.