LGT Financial Advisors LLC Trims Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

LGT Financial Advisors LLC cut its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 25.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,013 shares of the company’s stock after selling 342 shares during the period. LGT Financial Advisors LLC’s holdings in iShares Short Treasury Bond ETF were worth $112,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Envestnet Portfolio Solutions Inc. lifted its holdings in iShares Short Treasury Bond ETF by 3.0% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 22,641 shares of the company’s stock worth $2,503,000 after buying an additional 661 shares during the last quarter. Wealthspire Advisors LLC acquired a new position in iShares Short Treasury Bond ETF in the first quarter worth $226,000. Oppenheimer & Co. Inc. increased its stake in iShares Short Treasury Bond ETF by 26.0% during the first quarter. Oppenheimer & Co. Inc. now owns 267,369 shares of the company’s stock valued at $29,555,000 after purchasing an additional 55,149 shares during the last quarter. Hansen & Associates Financial Group Inc. raised its holdings in shares of iShares Short Treasury Bond ETF by 31.7% during the first quarter. Hansen & Associates Financial Group Inc. now owns 657,489 shares of the company’s stock worth $72,554,000 after purchasing an additional 158,304 shares during the period. Finally, Adaptive Financial Consulting LLC bought a new position in shares of iShares Short Treasury Bond ETF in the 1st quarter worth about $6,969,000. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Price Performance

Shares of NASDAQ:SHV opened at $110.17 on Thursday. iShares Short Treasury Bond ETF has a fifty-two week low of $109.85 and a fifty-two week high of $110.64. The firm has a 50-day simple moving average of $110.38 and a 200 day simple moving average of $110.33.

iShares Short Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a dividend of $0.4668 per share. This represents a $5.60 dividend on an annualized basis and a dividend yield of 5.09%. This is a boost from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.47. The ex-dividend date was Friday, November 1st.

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.