Tortoise Investment Management LLC Sells 7,250 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Tortoise Investment Management LLC trimmed its position in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 48.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,620 shares of the company’s stock after selling 7,250 shares during the quarter. Tortoise Investment Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $839,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in SHV. Whalen Wealth Management Inc. increased its holdings in shares of iShares Short Treasury Bond ETF by 9.5% during the third 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. Savant Capital LLC increased its stake in shares of iShares Short Treasury Bond ETF by 188.4% in the fourth quarter. Savant Capital LLC now owns 7,281 shares of the company’s stock valued at $802,000 after buying an additional 4,756 shares during the period. Kestra Private Wealth Services LLC increased its stake in shares of iShares Short Treasury Bond ETF by 8.4% in the fourth quarter. Kestra Private Wealth Services LLC now owns 4,247 shares of the company’s stock valued at $468,000 after buying an additional 329 shares during the period. Quantinno Capital Management LP increased its stake in shares of iShares Short Treasury Bond ETF by 12.0% in the third quarter. Quantinno Capital Management LP now owns 2,802 shares of the company’s stock valued at $310,000 after buying an additional 300 shares during the period. Finally, Concord Wealth Partners increased its stake in shares of iShares Short Treasury Bond ETF by 42.7% in the fourth quarter. Concord Wealth Partners now owns 262,285 shares of the company’s stock valued at $28,880,000 after buying an additional 78,521 shares during the period. 7.10% of the stock is owned by institutional investors.

iShares Short Treasury Bond ETF Stock Up 0.0 %

iShares Short Treasury Bond ETF stock opened at $110.20 on Monday. The business has a 50 day moving average of $110.27 and a 200-day moving average of $110.31. iShares Short Treasury Bond ETF has a 1 year low of $109.91 and a 1 year high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.3579 dividend. The ex-dividend date was Monday, March 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.