Summit Wealth Group LLC Sells 579 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Summit Wealth Group LLC reduced its position in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 19.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,384 shares of the company’s stock after selling 579 shares during the quarter. Summit Wealth Group LLC’s holdings in iShares Short Treasury Bond ETF were worth $264,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SHV. Trilogy Capital Inc. raised its holdings in iShares Short Treasury Bond ETF by 1.5% in the third quarter. Trilogy Capital Inc. now owns 6,326 shares of the company’s stock worth $700,000 after purchasing an additional 92 shares in the last quarter. Fortis Advisors LLC boosted its stake in iShares Short Treasury Bond ETF by 1.3% during the 3rd quarter. Fortis Advisors LLC now owns 7,736 shares of the company’s stock worth $856,000 after purchasing an additional 99 shares during the last quarter. ERTS Wealth Advisors LLC raised its holdings in shares of iShares Short Treasury Bond ETF by 1.6% during the 2nd quarter. ERTS Wealth Advisors LLC now owns 6,489 shares of the company’s stock worth $717,000 after acquiring an additional 103 shares during the period. Mattern Capital Management LLC increased its position in shares of iShares Short Treasury Bond ETF by 3.0% during the 1st quarter. Mattern Capital Management LLC now owns 3,663 shares of the company’s stock worth $405,000 after purchasing an additional 106 shares during the last quarter. Finally, KWB Wealth lifted its stake in iShares Short Treasury Bond ETF by 1.3% during the 3rd quarter. KWB Wealth now owns 8,421 shares of the company’s stock worth $931,000 after acquiring an additional 107 shares in the last quarter. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Up 0.0 %

Shares of NASDAQ SHV opened at $110.33 on Tuesday. iShares Short Treasury Bond ETF has a 1 year low of $109.85 and a 1 year high of $110.64. The business has a 50-day moving average of $110.37 and a two-hundred day moving average of $110.33.

iShares Short Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a $0.4668 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $5.60 dividend on an annualized basis and a yield of 5.08%. This is an increase from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.47.

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.