Mader & Shannon Wealth Management Inc. Lowers Stock Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Mader & Shannon Wealth Management Inc. cut its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 22.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 146,266 shares of the company’s stock after selling 42,405 shares during the quarter. iShares Short Treasury Bond ETF accounts for 10.0% of Mader & Shannon Wealth Management Inc.’s holdings, making the stock its 4th largest position. Mader & Shannon Wealth Management Inc. owned 0.08% of iShares Short Treasury Bond ETF worth $16,105,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. raised its stake in shares of iShares Short Treasury Bond ETF by 23.7% during the third quarter. JPMorgan Chase & Co. now owns 9,031,532 shares of the company’s stock valued at $999,158,000 after acquiring an additional 1,732,399 shares during the last quarter. FMR LLC increased its stake in iShares Short Treasury Bond ETF by 337.6% in the third quarter. FMR LLC now owns 2,069,990 shares of the company’s stock valued at $229,003,000 after purchasing an additional 1,596,924 shares in the last quarter. Janney Montgomery Scott LLC acquired a new position in shares of iShares Short Treasury Bond ETF during the third quarter valued at about $27,104,000. Whalen Wealth Management Inc. grew its holdings in shares of iShares Short Treasury Bond ETF by 442.7% during the fourth quarter. Whalen Wealth Management Inc. now owns 262,678 shares of the company’s stock valued at $28,923,000 after buying an additional 214,280 shares during the last quarter. Finally, Guidance Capital Inc. boosted its holdings in iShares Short Treasury Bond ETF by 164.7% during the fourth quarter. Guidance Capital Inc. now owns 310,675 shares of the company’s stock worth $34,305,000 after purchasing an additional 193,291 shares during the last quarter. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

iShares Short Treasury Bond ETF stock opened at $110.31 on Thursday. iShares Short Treasury Bond ETF has a fifty-two week low of $109.91 and a fifty-two week high of $110.64. The firm’s 50-day simple moving average is $110.22 and its 200 day simple moving average is $110.31.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.4033 dividend. The ex-dividend date was Monday, February 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.