Janney Montgomery Scott LLC Sells 1,435 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Janney Montgomery Scott LLC trimmed its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 0.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 243,565 shares of the company’s stock after selling 1,435 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares Short Treasury Bond ETF were worth $26,819,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. JPMorgan Chase & Co. increased its position in iShares Short Treasury Bond ETF by 23.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,031,532 shares of the company’s stock worth $999,158,000 after buying an additional 1,732,399 shares during the period. FMR LLC increased its position in iShares Short Treasury Bond ETF by 337.6% in the 3rd quarter. FMR LLC now owns 2,069,990 shares of the company’s stock worth $229,003,000 after buying an additional 1,596,924 shares during the period. Divergent Wealth Advisors increased its position in iShares Short Treasury Bond ETF by 5.5% in the 3rd quarter. Divergent Wealth Advisors now owns 1,156,791 shares of the company’s stock worth $127,976,000 after buying an additional 60,638 shares during the period. Stifel Financial Corp increased its position in iShares Short Treasury Bond ETF by 5.2% in the 3rd quarter. Stifel Financial Corp now owns 599,055 shares of the company’s stock worth $66,274,000 after buying an additional 29,814 shares during the period. Finally, Cynosure Group LLC increased its position in iShares Short Treasury Bond ETF by 3.2% in the 3rd quarter. Cynosure Group LLC now owns 560,749 shares of the company’s stock worth $62,036,000 after buying an additional 17,145 shares during the period. 7.10% of the stock is owned by institutional investors.

iShares Short Treasury Bond ETF Price Performance

Shares of NASDAQ:SHV opened at $110.42 on Friday. iShares Short Treasury Bond ETF has a 1-year low of $109.91 and a 1-year high of $110.64. The business’s 50 day moving average is $110.23 and its 200-day moving average is $110.31.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.4268 per share. This represents a $5.12 annualized dividend and a dividend yield of 4.64%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.