Spire Wealth Management Has $3.53 Million Stake in iShares Short Treasury Bond ETF $SHV

Spire Wealth Management lowered its position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 24.9% during the third quarter, HoldingsChannel reports. The fund owned 31,907 shares of the company’s stock after selling 10,551 shares during the quarter. Spire Wealth Management’s holdings in iShares Short Treasury Bond ETF were worth $3,525,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of SHV. Elevation Point Wealth Partners LLC bought a new position in iShares Short Treasury Bond ETF in the second quarter valued at about $55,000. Atlantic Union Bankshares Corp acquired a new position in shares of iShares Short Treasury Bond ETF in the second quarter valued at approximately $56,000. Highline Wealth Partners LLC raised its holdings in iShares Short Treasury Bond ETF by 355.8% in the 3rd quarter. Highline Wealth Partners LLC now owns 515 shares of the company’s stock valued at $57,000 after buying an additional 402 shares during the last quarter. Asset Dedication LLC boosted its position in iShares Short Treasury Bond ETF by 596.0% during the 2nd quarter. Asset Dedication LLC now owns 696 shares of the company’s stock worth $77,000 after buying an additional 596 shares during the period. Finally, PMV Capital Advisers LLC acquired a new stake in iShares Short Treasury Bond ETF during the 2nd quarter worth approximately $100,000. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

Shares of NASDAQ SHV opened at $110.22 on Friday. iShares Short Treasury Bond ETF has a 52-week low of $110.02 and a 52-week high of $110.51. The firm 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 Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were issued a $0.3569 dividend. This represents a c) dividend on an annualized basis and a 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.