Beacon Bank & Trust Sells 14,807 Shares of iShares Short Treasury Bond ETF $SHV

Beacon Bank & Trust decreased its position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 79.3% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 3,875 shares of the company’s stock after selling 14,807 shares during the period. Beacon Bank & Trust’s holdings in iShares Short Treasury Bond ETF were worth $428,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Bank of America Corp DE increased its holdings in iShares Short Treasury Bond ETF by 22.3% during the 2nd quarter. Bank of America Corp DE now owns 3,172,414 shares of the company’s stock valued at $350,298,000 after purchasing an additional 579,074 shares in the last quarter. Gallagher Fiduciary Advisors LLC lifted its stake in shares of iShares Short Treasury Bond ETF by 10,459.3% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 469,255 shares of the company’s stock valued at $51,815,000 after purchasing an additional 464,811 shares during the period. NFP Retirement Inc. boosted its holdings in iShares Short Treasury Bond ETF by 45.3% during the second quarter. NFP Retirement Inc. now owns 1,245,522 shares of the company’s stock worth $137,531,000 after buying an additional 388,096 shares during the last quarter. Global Retirement Partners LLC bought a new position in iShares Short Treasury Bond ETF during the 2nd quarter worth approximately $34,795,000. Finally, Quadrature Capital Ltd bought a new position in shares of iShares Short Treasury Bond ETF during the second quarter worth $31,630,000. 7.10% of the stock is owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Price Performance

NASDAQ:SHV opened at $110.25 on Friday. The stock has a 50-day moving average price of $110.23 and a two-hundred day moving average price of $110.28. iShares Short Treasury Bond ETF has a 1 year low of $110.02 and a 1 year high of $110.51.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a $0.3569 dividend. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 3.9%.

About iShares Short Treasury Bond ETF

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.