Secure Asset Management LLC Trims Stake in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Secure Asset Management LLC reduced its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 9.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,897 shares of the company’s stock after selling 204 shares during the period. Secure Asset Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $210,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. GenWealth Group Inc. grew its stake in iShares Short Treasury Bond ETF by 52.7% in the 1st quarter. GenWealth Group Inc. now owns 15,891 shares of the company’s stock worth $1,755,000 after acquiring an additional 5,486 shares in the last quarter. Financial Management Professionals Inc. grew its stake in iShares Short Treasury Bond ETF by 83.1% in the 1st quarter. Financial Management Professionals Inc. now owns 15,471 shares of the company’s stock worth $1,709,000 after acquiring an additional 7,020 shares in the last quarter. Arrien Investments Inc. grew its stake in iShares Short Treasury Bond ETF by 24.9% in the 1st quarter. Arrien Investments Inc. now owns 33,892 shares of the company’s stock worth $3,744,000 after acquiring an additional 6,746 shares in the last quarter. Romano Brothers AND Company grew its stake in iShares Short Treasury Bond ETF by 10.3% in the 1st quarter. Romano Brothers AND Company now owns 4,228 shares of the company’s stock worth $467,000 after acquiring an additional 395 shares in the last quarter. Finally, Selway Asset Management grew its stake in iShares Short Treasury Bond ETF by 4.5% in the 1st quarter. Selway Asset Management now owns 180,770 shares of the company’s stock worth $19,968,000 after acquiring an additional 7,845 shares in the last quarter. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Stock Performance

Shares of SHV stock opened at $110.12 on Friday. The company’s 50-day simple moving average is $110.26 and its two-hundred day simple moving average is $110.26. iShares Short Treasury Bond ETF has a one year low of $109.91 and a one year high of $110.64.

iShares Short Treasury Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd were paid a dividend of $0.397 per share. The ex-dividend date of this dividend was Monday, June 2nd. This is an increase from iShares Short Treasury Bond ETF’s previous dividend of $0.37.

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.