TFC Financial Management Inc. Has $223,000 Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

TFC Financial Management Inc. lessened its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 48.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,025 shares of the company’s stock after selling 1,926 shares during the quarter. TFC Financial Management Inc.’s holdings in iShares Short Treasury Bond ETF were worth $223,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SHV. Alpha Financial Partners LLC acquired a new position in iShares Short Treasury Bond ETF in the third quarter valued at about $2,192,000. Regatta Capital Group LLC acquired a new position in iShares Short Treasury Bond ETF in the third quarter valued at about $371,000. Client First Capital LLC raised its stake in iShares Short Treasury Bond ETF by 2.0% during the third quarter. Client First Capital LLC now owns 308,048 shares of the company’s stock worth $34,079,000 after acquiring an additional 6,176 shares in the last quarter. Crane Advisory LLC acquired a new position in iShares Short Treasury Bond ETF during the third quarter worth about $266,000. Finally, Capstone Wealth Management Group LLC raised its stake in iShares Short Treasury Bond ETF by 28.4% during the third quarter. Capstone Wealth Management Group LLC now owns 141,459 shares of the company’s stock worth $15,650,000 after acquiring an additional 31,303 shares in the last quarter. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

Shares of NASDAQ SHV opened at $110.20 on Thursday. iShares Short Treasury Bond ETF has a 12 month low of $109.91 and a 12 month high of $110.64. The stock has a 50-day moving average price of $110.22 and a two-hundred day moving average price of $110.31.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.4033 per share. The ex-dividend date was Monday, February 3rd.

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.