Howard Financial Services LTD. Cuts Stake in iShares Short Treasury Bond ETF $SHV

Howard Financial Services LTD. decreased its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 23.8% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,856 shares of the company’s stock after selling 579 shares during the period. Howard Financial Services LTD.’s holdings in iShares Short Treasury Bond ETF were worth $205,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Partners Capital Investment Group LLP boosted its stake in shares of iShares Short Treasury Bond ETF by 139.1% in the 1st quarter. Partners Capital Investment Group LLP now owns 120,599 shares of the company’s stock valued at $13,321,000 after purchasing an additional 70,161 shares in the last quarter. Flow Traders U.S. LLC boosted its stake in shares of iShares Short Treasury Bond ETF by 180.0% in the 1st quarter. Flow Traders U.S. LLC now owns 162,997 shares of the company’s stock valued at $18,005,000 after purchasing an additional 104,788 shares in the last quarter. Mullooly Asset Management Inc. purchased a new stake in shares of iShares Short Treasury Bond ETF in the 1st quarter valued at $41,366,000. Summa Corp. purchased a new stake in shares of iShares Short Treasury Bond ETF in the 1st quarter valued at $331,000. Finally, J.W. Cole Advisors Inc. boosted its stake in shares of iShares Short Treasury Bond ETF by 33.3% in the 1st quarter. J.W. Cole Advisors Inc. now owns 22,733 shares of the company’s stock valued at $2,511,000 after purchasing an additional 5,683 shares in the last quarter. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Trading Up 0.0%

NASDAQ:SHV opened at $110.30 on Friday. The company has a fifty day moving average of $110.28 and a 200 day moving average of $110.27. 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 Increases Dividend

The company also recently declared a dividend, which was paid on Friday, September 5th. Investors of record on Tuesday, September 2nd were issued a dividend of $0.3876 per share. The ex-dividend date was Tuesday, September 2nd. This is an increase from iShares Short Treasury Bond ETF’s previous dividend of $0.37.

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.