Pacific Financial Group Inc. Trims Stock Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Pacific Financial Group Inc. trimmed its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 5.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,187 shares of the company’s stock after selling 137 shares during the quarter. Pacific Financial Group Inc.’s holdings in iShares Short Treasury Bond ETF were worth $242,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of SHV. Rothschild Investment LLC bought a new stake in iShares Short Treasury Bond ETF during the 2nd quarter valued at $40,000. Benjamin F. Edwards & Company Inc. purchased a new stake in shares of iShares Short Treasury Bond ETF during the 2nd quarter valued at $43,000. Massmutual Trust Co. FSB ADV purchased a new stake in shares of iShares Short Treasury Bond ETF during the 2nd quarter valued at $48,000. MidAtlantic Capital Management Inc. purchased a new stake in shares of iShares Short Treasury Bond ETF during the 3rd quarter valued at $48,000. Finally, Financial Gravity Asset Management Inc. lifted its holdings in shares of iShares Short Treasury Bond ETF by 1,323.5% during the 2nd quarter. Financial Gravity Asset Management Inc. now owns 484 shares of the company’s stock valued at $53,000 after purchasing an additional 450 shares during the last quarter. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Trading Up 0.0 %

Shares of SHV opened at $110.41 on Monday. iShares Short Treasury Bond ETF has a 12 month low of $109.85 and a 12 month high of $110.64. The stock has a fifty day moving average price of $110.37 and a 200-day moving average price of $110.34.

iShares Short Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a dividend of $0.4668 per share. This represents a $5.60 annualized dividend and a dividend yield of 5.07%. The ex-dividend date was Friday, November 1st. This is a positive change from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.47.

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.