Hanover Advisors Inc. Trims Stake in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Hanover Advisors Inc. trimmed its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 14.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,262 shares of the company’s stock after selling 910 shares during the quarter. Hanover Advisors Inc.’s holdings in iShares Short Treasury Bond ETF were worth $579,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Proficio Capital Partners LLC boosted its holdings in shares of iShares Short Treasury Bond ETF by 16,685.1% in the 4th quarter. Proficio Capital Partners LLC now owns 5,884,700 shares of the company’s stock worth $647,964,000 after purchasing an additional 5,849,641 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of iShares Short Treasury Bond ETF by 23.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,031,532 shares of the company’s stock worth $999,158,000 after purchasing an additional 1,732,399 shares in the last quarter. FMR LLC boosted its holdings in shares of iShares Short Treasury Bond ETF by 337.6% in the 3rd quarter. FMR LLC now owns 2,069,990 shares of the company’s stock worth $229,003,000 after purchasing an additional 1,596,924 shares in the last quarter. Janney Montgomery Scott LLC purchased a new position in shares of iShares Short Treasury Bond ETF in the 3rd quarter worth about $27,104,000. Finally, Whalen Wealth Management Inc. boosted its holdings in shares of iShares Short Treasury Bond ETF by 442.7% in the 4th quarter. Whalen Wealth Management Inc. now owns 262,678 shares of the company’s stock worth $28,923,000 after purchasing an additional 214,280 shares in the last quarter. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Trading Up 0.0 %

SHV opened at $110.46 on Friday. The stock has a 50-day moving average price of $110.26 and a 200-day moving average price of $110.32. iShares Short Treasury Bond ETF has a 12-month low of $109.91 and a 12-month high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a $0.4033 dividend. The ex-dividend date was Monday, February 3rd.

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.