Foundations Investment Advisors LLC Cuts Stock Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Foundations Investment Advisors LLC reduced its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 10.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 415,611 shares of the company’s stock after selling 48,480 shares during the period. iShares Short Treasury Bond ETF comprises approximately 0.9% of Foundations Investment Advisors LLC’s portfolio, making the stock its 27th biggest holding. Foundations Investment Advisors LLC’s holdings in iShares Short Treasury Bond ETF were worth $45,763,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Whalen Wealth Management Inc. grew its stake in shares of iShares Short Treasury Bond ETF by 9.5% in the 3rd quarter. Whalen Wealth Management Inc. now owns 48,398 shares of the company’s stock worth $5,354,000 after buying an additional 4,205 shares in the last quarter. Vontobel Holding Ltd. purchased a new position in shares of iShares Short Treasury Bond ETF during the 3rd quarter worth about $519,000. Daymark Wealth Partners LLC boosted its stake in shares of iShares Short Treasury Bond ETF by 7.6% during the 3rd quarter. Daymark Wealth Partners LLC now owns 2,467 shares of the company’s stock worth $273,000 after purchasing an additional 174 shares during the period. Quantinno Capital Management LP boosted its stake in shares of iShares Short Treasury Bond ETF by 12.0% during the 3rd quarter. Quantinno Capital Management LP now owns 2,802 shares of the company’s stock worth $310,000 after purchasing an additional 300 shares during the period. Finally, GenWealth Group Inc. boosted its stake in shares of iShares Short Treasury Bond ETF by 12.5% during the 3rd quarter. GenWealth Group Inc. now owns 9,928 shares of the company’s stock worth $1,098,000 after purchasing an additional 1,102 shares during the period. 7.10% of the stock is owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Stock Up 0.0 %

SHV stock opened at $110.43 on Monday. iShares Short Treasury Bond ETF has a 12 month low of $109.91 and a 12 month high of $110.64. The company has a 50-day moving average price of $110.23 and a 200 day moving average price of $110.32.

iShares Short Treasury Bond ETF Cuts Dividend

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

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.