Salem Investment Counselors Inc. Trims Stake in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Salem Investment Counselors Inc. lowered its position in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 4.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,595 shares of the company’s stock after selling 165 shares during the quarter. Salem Investment Counselors Inc.’s holdings in iShares Short Treasury Bond ETF were worth $397,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Proficio Capital Partners LLC raised its stake in shares of iShares Short Treasury Bond ETF by 16,685.1% in the fourth quarter. Proficio Capital Partners LLC now owns 5,884,700 shares of the company’s stock valued at $647,964,000 after acquiring an additional 5,849,641 shares during the period. FMR LLC raised its stake in shares of iShares Short Treasury Bond ETF by 152.1% in the fourth quarter. FMR LLC now owns 5,217,524 shares of the company’s stock valued at $574,502,000 after acquiring an additional 3,147,534 shares during the period. Wells Fargo & Company MN raised its stake in shares of iShares Short Treasury Bond ETF by 3.7% in the fourth quarter. Wells Fargo & Company MN now owns 3,850,840 shares of the company’s stock valued at $424,016,000 after acquiring an additional 137,455 shares during the period. LPL Financial LLC raised its stake in shares of iShares Short Treasury Bond ETF by 6.8% in the fourth quarter. LPL Financial LLC now owns 1,907,963 shares of the company’s stock valued at $210,086,000 after acquiring an additional 120,706 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its stake in shares of iShares Short Treasury Bond ETF by 11.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,211,434 shares of the company’s stock valued at $133,391,000 after acquiring an additional 121,071 shares during the period. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

Shares of SHV opened at $110.24 on Friday. iShares Short Treasury Bond ETF has a twelve month low of $109.91 and a twelve month high of $110.64. The company’s fifty day simple moving average is $110.26 and its 200-day simple moving average is $110.25.

iShares Short Treasury Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were paid a $0.397 dividend. The ex-dividend date 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.