Ausdal Financial Partners Inc. Trims Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Ausdal Financial Partners Inc. cut its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 84.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 103,628 shares of the company’s stock after selling 579,918 shares during the period. iShares Short Treasury Bond ETF accounts for approximately 1.0% of Ausdal Financial Partners Inc.’s portfolio, making the stock its 19th largest position. Ausdal Financial Partners Inc.’s holdings in iShares Short Treasury Bond ETF were worth $11,410,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SHV. Thrivent Financial for Lutherans lifted its stake in iShares Short Treasury Bond ETF by 39.1% in the 3rd quarter. Thrivent Financial for Lutherans now owns 5,906 shares of the company’s stock worth $654,000 after purchasing an additional 1,660 shares in the last quarter. Commerce Bank bought a new stake in shares of iShares Short Treasury Bond ETF in the 3rd quarter valued at approximately $227,000. Nwam LLC bought a new stake in iShares Short Treasury Bond ETF in the third quarter worth $218,000. Boston Family Office LLC boosted its stake in shares of iShares Short Treasury Bond ETF by 91.5% during the 3rd quarter. Boston Family Office LLC now owns 4,458 shares of the company’s stock worth $493,000 after purchasing an additional 2,130 shares during the period. Finally, Bank of Montreal Can boosted its position in shares of iShares Short Treasury Bond ETF by 6.2% during the third quarter. Bank of Montreal Can now owns 44,790 shares of the company’s stock valued at $4,955,000 after buying an additional 2,598 shares during the period. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Up 0.0 %

Shares of iShares Short Treasury Bond ETF stock opened at $110.39 on Wednesday. The stock’s fifty day moving average is $110.30 and its two-hundred day moving average is $110.30. iShares Short Treasury Bond ETF has a 52 week low of $109.91 and a 52 week high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.3579 per share. The ex-dividend date was Monday, March 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.