Adaptive Financial Consulting LLC Cuts Stake in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Adaptive Financial Consulting LLC reduced its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 0.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 62,621 shares of the company’s stock after selling 428 shares during the quarter. iShares Short Treasury Bond ETF comprises approximately 2.8% of Adaptive Financial Consulting LLC’s holdings, making the stock its 13th largest position. Adaptive Financial Consulting LLC’s holdings in iShares Short Treasury Bond ETF were worth $6,928,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Thrivent Financial for Lutherans grew its holdings in iShares Short Treasury Bond ETF by 39.1% during the 3rd quarter. Thrivent Financial for Lutherans now owns 5,906 shares of the company’s stock valued at $654,000 after buying an additional 1,660 shares in the last quarter. Concord Asset Management LLC VA boosted its position in shares of iShares Short Treasury Bond ETF by 8.6% during the 3rd quarter. Concord Asset Management LLC VA now owns 164,994 shares of the company’s stock valued at $18,253,000 after acquiring an additional 13,078 shares during the last quarter. RIA Advisory Group LLC bought a new position in shares of iShares Short Treasury Bond ETF during the 3rd quarter valued at approximately $1,418,000. Archer Investment Corp boosted its position in shares of iShares Short Treasury Bond ETF by 6.0% during the 3rd quarter. Archer Investment Corp now owns 7,182 shares of the company’s stock valued at $795,000 after acquiring an additional 409 shares during the last quarter. Finally, Black Diamond Financial LLC boosted its position in shares of iShares Short Treasury Bond ETF by 18.8% during the 3rd quarter. Black Diamond Financial LLC now owns 5,270 shares of the company’s stock valued at $583,000 after acquiring an additional 833 shares during the last quarter. 7.10% of the stock is owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Trading Up 0.0 %

NASDAQ SHV opened at $110.31 on Monday. iShares Short Treasury Bond ETF has a one year low of $109.85 and a one year high of $110.64. The stock has a 50 day moving average price of $110.37 and a 200-day moving average price of $110.33.

iShares Short Treasury Bond ETF Increases Dividend

The company also recently announced 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 is an increase from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.47. This represents a $5.60 dividend on an annualized basis and a dividend yield of 5.08%. The ex-dividend date was Friday, November 1st.

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.