PBMares Wealth Management LLC Reduces Stock Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

PBMares Wealth Management LLC cut its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 8.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,989 shares of the company’s stock after selling 192 shares during the period. PBMares Wealth Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $220,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. J.Safra Asset Management Corp increased its stake in shares of iShares Short Treasury Bond ETF by 78.6% during the 1st quarter. J.Safra Asset Management Corp now owns 250 shares of the company’s stock worth $28,000 after purchasing an additional 110 shares in the last quarter. Rothschild Investment LLC purchased a new position in shares of iShares Short Treasury Bond ETF during the 2nd quarter worth approximately $40,000. Benjamin F. Edwards & Company Inc. purchased a new position in shares of iShares Short Treasury Bond ETF during the 2nd quarter worth approximately $43,000. Massmutual Trust Co. FSB ADV purchased a new position in shares of iShares Short Treasury Bond ETF during the 2nd quarter worth approximately $48,000. Finally, Financial Gravity Asset Management Inc. boosted its position in iShares Short Treasury Bond ETF by 1,323.5% during the second quarter. Financial Gravity Asset Management Inc. now owns 484 shares of the company’s stock worth $53,000 after acquiring an additional 450 shares during the last quarter. 7.10% of the stock is owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Stock Up 0.0 %

NASDAQ SHV traded up $0.01 during mid-day trading on Tuesday, reaching $110.53. 2,354,998 shares of the stock were exchanged, compared to its average volume of 2,855,373. iShares Short Treasury Bond ETF has a 1-year low of $109.85 and a 1-year high of $110.64. The business’s fifty day simple moving average is $110.40 and its 200 day simple moving average is $110.33.

iShares Short Treasury Bond ETF Cuts Dividend

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

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.