Orion Porfolio Solutions LLC Sells 7,990 Shares of iShares Short Treasury Bond ETF $SHV

Orion Porfolio Solutions LLC trimmed its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 16.8% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 39,644 shares of the company’s stock after selling 7,990 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in iShares Short Treasury Bond ETF were worth $4,380,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in SHV. Bank of America Corp DE increased its stake in iShares Short Treasury Bond ETF by 22.3% during the second quarter. Bank of America Corp DE now owns 3,172,414 shares of the company’s stock worth $350,298,000 after acquiring an additional 579,074 shares during the last quarter. Wealthfront Advisers LLC raised its position in iShares Short Treasury Bond ETF by 10.0% during the third quarter. Wealthfront Advisers LLC now owns 1,960,677 shares of the company’s stock valued at $216,635,000 after purchasing an additional 177,915 shares during the period. Raymond James Financial Inc. lifted its stake in shares of iShares Short Treasury Bond ETF by 11.3% in the 2nd quarter. Raymond James Financial Inc. now owns 1,576,192 shares of the company’s stock valued at $174,043,000 after purchasing 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 2nd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,544,694 shares of the company’s stock valued at $170,000,000 after purchasing an additional 26,689 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of iShares Short Treasury Bond ETF by 2.8% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 1,503,860 shares of the company’s stock worth $165,725,000 after purchasing an additional 41,128 shares during the period. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

NASDAQ SHV opened at $110.17 on Monday. The business’s 50 day moving average price is $110.25 and its 200-day moving average price is $110.28. iShares Short Treasury Bond ETF has a fifty-two week low of $110.02 and a fifty-two week high of $110.50.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.342 per share. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Monday, February 2nd.

iShares Short Treasury Bond ETF Company 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.