Drive Wealth Management LLC Has $408,000 Stock Position in iShares Short Treasury Bond ETF $SHV

Drive Wealth Management LLC reduced its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 94.9% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,696 shares of the company’s stock after selling 68,499 shares during the period. Drive Wealth Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $408,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Avalon Capital Management grew its position in shares of iShares Short Treasury Bond ETF by 33.6% during the 2nd quarter. Avalon Capital Management now owns 51,938 shares of the company’s stock worth $5,735,000 after buying an additional 13,068 shares during the period. Ehrlich Financial Group boosted its stake in iShares Short Treasury Bond ETF by 72.6% during the 3rd quarter. Ehrlich Financial Group now owns 22,389 shares of the company’s stock worth $2,474,000 after acquiring an additional 9,414 shares during the last quarter. Americana Partners LLC grew its holdings in iShares Short Treasury Bond ETF by 47.7% during the third quarter. Americana Partners LLC now owns 492,204 shares of the company’s stock valued at $54,384,000 after purchasing an additional 158,928 shares during the period. 17 Capital Partners LLC bought a new stake in iShares Short Treasury Bond ETF in the second quarter valued at approximately $565,000. Finally, Bfsg LLC raised its holdings in iShares Short Treasury Bond ETF by 37.0% in the third quarter. Bfsg LLC now owns 58,028 shares of the company’s stock worth $6,412,000 after purchasing an additional 15,668 shares during the period. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

Shares of NASDAQ SHV opened at $110.37 on Friday. iShares Short Treasury Bond ETF has a twelve month low of $110.02 and a twelve month high of $110.51. The company’s fifty day moving average is $110.25 and its 200-day moving average is $110.28.

iShares Short Treasury Bond ETF Cuts Dividend

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

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.