GFS Advisors LLC Trims Stock Position in iShares Short Treasury Bond ETF $SHV

GFS Advisors LLC trimmed its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 4.1% during the third quarter, HoldingsChannel reports. The institutional investor owned 142,868 shares of the company’s stock after selling 6,180 shares during the period. iShares Short Treasury Bond ETF accounts for approximately 2.0% of GFS Advisors LLC’s portfolio, making the stock its 14th biggest position. GFS Advisors LLC’s holdings in iShares Short Treasury Bond ETF were worth $15,785,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Brighton Jones LLC acquired a new position in iShares Short Treasury Bond ETF in the fourth quarter valued at $572,000. Revolve Wealth Partners LLC purchased a new stake in shares of iShares Short Treasury Bond ETF in the 4th quarter valued at about $388,000. Wilmington Savings Fund Society FSB boosted its position in shares of iShares Short Treasury Bond ETF by 451.5% in the 2nd quarter. Wilmington Savings Fund Society FSB now owns 10,650 shares of the company’s stock valued at $1,176,000 after purchasing an additional 8,719 shares during the period. Sagespring Wealth Partners LLC boosted its position in shares of iShares Short Treasury Bond ETF by 46.6% in the 2nd quarter. Sagespring Wealth Partners LLC now owns 3,661 shares of the company’s stock valued at $404,000 after purchasing an additional 1,164 shares during the period. Finally, Mutual Advisors LLC grew its stake in iShares Short Treasury Bond ETF by 3.5% during the 2nd quarter. Mutual Advisors LLC now owns 59,518 shares of the company’s stock worth $6,570,000 after buying an additional 2,018 shares during the last quarter. 7.10% of the stock is currently owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Stock Up 0.0%

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 $110.50. The business’s 50 day moving average is $110.23 and its two-hundred 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 Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a $0.342 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, February 2nd.

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.