Net Worth Advisory Group Sells 5,716 Shares of iShares Short Treasury Bond ETF $SHV

Net Worth Advisory Group cut its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 14.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 32,701 shares of the company’s stock after selling 5,716 shares during the period. iShares Short Treasury Bond ETF comprises about 1.0% of Net Worth Advisory Group’s holdings, making the stock its 13th biggest position. Net Worth Advisory Group’s holdings in iShares Short Treasury Bond ETF were worth $3,613,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of SHV. Elevation Point Wealth Partners LLC purchased a new position in iShares Short Treasury Bond ETF in the second quarter worth $55,000. Atlantic Union Bankshares Corp bought a new stake in shares of iShares Short Treasury Bond ETF during the 2nd quarter worth $56,000. Highline Wealth Partners LLC boosted its holdings in shares of iShares Short Treasury Bond ETF by 355.8% in the 3rd quarter. Highline Wealth Partners LLC now owns 515 shares of the company’s stock worth $57,000 after buying an additional 402 shares during the last quarter. Asset Dedication LLC grew its position in iShares Short Treasury Bond ETF by 596.0% during the second quarter. Asset Dedication LLC now owns 696 shares of the company’s stock valued at $77,000 after buying an additional 596 shares during the period. Finally, PMV Capital Advisers LLC purchased a new stake in iShares Short Treasury Bond ETF during the second quarter worth about $100,000. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Stock Performance

SHV opened at $110.04 on Wednesday. iShares Short Treasury Bond ETF has a twelve month low of $110.01 and a twelve month high of $110.51. The company’s 50-day moving average price is $110.29 and its two-hundred day moving average price is $110.29.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, December 24th. Investors of record on Friday, December 19th will be paid a $0.3569 dividend. The ex-dividend date is Friday, December 19th. This represents a c) annualized dividend and a yield of 3.9%.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.