Arrien Investments Inc. Sells 7,426 Shares of iShares Short Treasury Bond ETF $SHV

Arrien Investments Inc. trimmed its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 32.9% in the third quarter, Holdings Channel.com reports. The fund owned 15,130 shares of the company’s stock after selling 7,426 shares during the quarter. iShares Short Treasury Bond ETF makes up approximately 1.0% of Arrien Investments Inc.’s investment portfolio, making the stock its 17th biggest position. Arrien Investments Inc.’s holdings in iShares Short Treasury Bond ETF were worth $1,672,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Bank of America Corp DE grew its holdings in iShares Short Treasury Bond ETF by 22.3% in the second quarter. Bank of America Corp DE now owns 3,172,414 shares of the company’s stock worth $350,298,000 after purchasing an additional 579,074 shares during the period. Wealthfront Advisers LLC increased its stake in iShares Short Treasury Bond ETF by 16.2% during the 2nd quarter. Wealthfront Advisers LLC now owns 1,782,762 shares of the company’s stock valued at $196,853,000 after purchasing an additional 248,584 shares in the last quarter. Raymond James Financial Inc. raised its holdings in iShares Short Treasury Bond ETF by 11.3% during the second quarter. Raymond James Financial Inc. now owns 1,576,192 shares of the company’s stock worth $174,043,000 after buying an additional 160,138 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. lifted its stake in shares of iShares Short Treasury Bond ETF by 1.8% in the second quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,544,694 shares of the company’s stock valued at $170,000,000 after buying an additional 26,689 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in shares of iShares Short Treasury Bond ETF by 2.8% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,503,860 shares of the company’s stock valued at $165,725,000 after buying an additional 41,128 shares during the last quarter. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Stock Performance

SHV opened at $110.41 on Friday. iShares Short Treasury Bond ETF has a fifty-two week low of $110.02 and a fifty-two week high of $110.51. The company’s 50-day moving average is $110.25 and its 200 day moving average is $110.29.

iShares Short Treasury Bond ETF Cuts Dividend

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

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