Shepherd Financial Partners LLC Sells 5,233 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Shepherd Financial Partners LLC decreased its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 16.4% during the third quarter, Holdings Channel reports. The firm owned 26,592 shares of the company’s stock after selling 5,233 shares during the quarter. Shepherd Financial Partners LLC’s holdings in iShares Short Treasury Bond ETF were worth $2,942,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SHV. J.Safra Asset Management Corp increased its stake in shares of iShares Short Treasury Bond ETF by 78.6% in the first 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 stake in shares of iShares Short Treasury Bond ETF in the second quarter worth $40,000. Benjamin F. Edwards & Company Inc. purchased a new stake in shares of iShares Short Treasury Bond ETF in the second quarter worth $43,000. Massmutual Trust Co. FSB ADV purchased a new stake in shares of iShares Short Treasury Bond ETF in the second quarter worth $48,000. Finally, Financial Gravity Asset Management Inc. increased its stake in shares of 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 worth $53,000 after purchasing an additional 450 shares in the last quarter. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

Shares of NASDAQ SHV traded down $0.43 during midday trading on Friday, reaching $110.14. The stock had a trading volume of 2,476,438 shares, compared to its average volume of 2,896,953. The stock has a 50-day moving average of $110.41 and a 200-day moving average of $110.34. iShares Short Treasury Bond ETF has a 12-month low of $109.85 and a 12-month high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

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