Archford Capital Strategies LLC Decreases Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Archford Capital Strategies LLC reduced its position in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 9.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 87,734 shares of the company’s stock after selling 9,530 shares during the period. iShares Short Treasury Bond ETF makes up about 1.5% of Archford Capital Strategies LLC’s investment portfolio, making the stock its 16th biggest position. Archford Capital Strategies LLC’s holdings in iShares Short Treasury Bond ETF were worth $9,660,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. increased its position in iShares Short Treasury Bond ETF by 23.7% in the third 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 in the last quarter. FMR LLC increased its holdings 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 acquiring an additional 1,596,924 shares in the last quarter. Janney Montgomery Scott LLC bought a new position in shares of iShares Short Treasury Bond ETF in the third quarter worth approximately $27,104,000. Whalen Wealth Management Inc. increased its stake in shares of iShares Short Treasury Bond ETF by 442.7% in the fourth quarter. Whalen Wealth Management Inc. now owns 262,678 shares of the company’s stock worth $28,923,000 after purchasing an additional 214,280 shares in the last quarter. Finally, Presidio Capital Management LLC purchased a new position in shares of iShares Short Treasury Bond ETF during the 3rd quarter valued at $15,477,000. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Trading Up 0.0 %

Shares of SHV stock opened at $110.42 on Friday. The stock has a fifty day simple moving average of $110.23 and a two-hundred day simple moving average of $110.32. iShares Short Treasury Bond ETF has a 52-week low of $109.91 and a 52-week high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given 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%.

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.