iShares Short Treasury Bond ETF (NASDAQ:SHV) Shares Sold by SOL Capital Management CO

SOL Capital Management CO lowered its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 2.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 51,817 shares of the company’s stock after selling 1,560 shares during the quarter. SOL Capital Management CO’s holdings in iShares Short Treasury Bond ETF were worth $5,706,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Trilogy Capital Inc. raised its holdings in shares of iShares Short Treasury Bond ETF by 1.5% during the third quarter. Trilogy Capital Inc. now owns 6,326 shares of the company’s stock valued at $700,000 after buying an additional 92 shares during the last quarter. Fortis Advisors LLC increased its position in iShares Short Treasury Bond ETF by 1.3% in the 3rd quarter. Fortis Advisors LLC now owns 7,736 shares of the company’s stock valued at $856,000 after acquiring an additional 99 shares during the period. Destination Wealth Management raised its stake in iShares Short Treasury Bond ETF by 0.9% during the 3rd quarter. Destination Wealth Management now owns 10,667 shares of the company’s stock valued at $1,180,000 after acquiring an additional 100 shares in the last quarter. KWB Wealth boosted its position 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 during the period. Finally, Voya Financial Advisors Inc. grew its stake in shares of iShares Short Treasury Bond ETF by 1.9% in the third quarter. Voya Financial Advisors Inc. now owns 5,867 shares of the company’s stock worth $649,000 after purchasing an additional 111 shares in the last quarter. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Price Performance

Shares of SHV opened at $110.47 on Friday. iShares Short Treasury Bond ETF has a one year low of $109.91 and a one year high of $110.64. The stock’s fifty day moving average is $110.24 and its 200-day moving average is $110.32.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.4268 per share. The ex-dividend date 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.