Udine Wealth Management Inc. Sells 3,000 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Udine Wealth Management Inc. reduced its position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 2.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 107,750 shares of the company’s stock after selling 3,000 shares during the quarter. iShares Short Treasury Bond ETF accounts for 8.6% of Udine Wealth Management Inc.’s investment portfolio, making the stock its 5th biggest holding. Udine Wealth Management Inc. owned about 0.07% of iShares Short Treasury Bond ETF worth $11,911,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Beaird Harris Wealth Management LLC bought a new stake in iShares Short Treasury Bond ETF in the third quarter worth approximately $27,000. Crewe Advisors LLC acquired a new stake in iShares Short Treasury Bond ETF in the 4th quarter worth $27,000. Cape Investment Advisory Inc. acquired a new stake in iShares Short Treasury Bond ETF in the 4th quarter worth $30,000. Baystate Wealth Management LLC grew its position in iShares Short Treasury Bond ETF by 173.7% in the 4th quarter. Baystate Wealth Management LLC now owns 312 shares of the company’s stock worth $34,000 after purchasing an additional 198 shares during the last quarter. Finally, Princeton Global Asset Management LLC acquired a new stake in iShares Short Treasury Bond ETF in the 4th quarter worth $45,000. 7.10% of the stock is owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Trading Down 0.4 %

SHV stock traded down $0.45 during trading on Monday, hitting $110.05. 2,958,375 shares of the stock traded hands, compared to its average volume of 2,393,840. iShares Short Treasury Bond ETF has a one year low of $109.85 and a one year high of $110.60. The company has a 50 day simple moving average of $110.30 and a 200 day simple moving average of $110.28.

iShares Short Treasury Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were issued a dividend of $0.4723 per share. This represents a $5.67 dividend on an annualized basis and a yield of 5.15%. The ex-dividend date of this dividend was Monday, June 3rd.

iShares Short Treasury Bond ETF Company 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.