iShares Short Treasury Bond ETF (NASDAQ:SHV) Position Lowered by Arkfeld Wealth Strategies L.L.C.

Arkfeld Wealth Strategies L.L.C. lessened its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 2.9% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 78,562 shares of the company’s stock after selling 2,327 shares during the quarter. iShares Short Treasury Bond ETF makes up about 4.8% of Arkfeld Wealth Strategies L.L.C.’s investment portfolio, making the stock its 5th largest position. Arkfeld Wealth Strategies L.L.C.’s holdings in iShares Short Treasury Bond ETF were worth $8,656,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Beaird Harris Wealth Management LLC bought a new position in iShares Short Treasury Bond ETF during the third quarter valued at $27,000. Crewe Advisors LLC bought a new position in iShares Short Treasury Bond ETF during the fourth quarter valued at $27,000. Cape Investment Advisory Inc. bought a new position in iShares Short Treasury Bond ETF during the fourth quarter valued at $30,000. Baystate Wealth Management LLC increased its position in iShares Short Treasury Bond ETF by 173.7% during the fourth quarter. Baystate Wealth Management LLC now owns 312 shares of the company’s stock valued at $34,000 after acquiring an additional 198 shares during the last quarter. Finally, Princeton Global Asset Management LLC bought a new position in iShares Short Treasury Bond ETF during the fourth quarter valued at $45,000. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

Shares of NASDAQ SHV remained flat at $110.42 during mid-day trading on Wednesday. 2,324,318 shares of the stock were exchanged, compared to its average volume of 2,384,796. The stock’s 50 day moving average price is $110.29 and its 200-day moving average price is $110.27. iShares Short Treasury Bond ETF has a 12-month low of $109.85 and a 12-month high of $110.60.

iShares Short Treasury Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were issued a $0.4723 dividend. This represents a $5.67 dividend on an annualized basis and a dividend yield of 5.13%. The ex-dividend date of this dividend was Monday, June 3rd.

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.