Ifrah Financial Services Inc. Cuts Stake in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Ifrah Financial Services Inc. cut its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 2.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,439 shares of the company’s stock after selling 255 shares during the period. Ifrah Financial Services Inc.’s holdings in iShares Short Treasury Bond ETF were worth $929,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Beaird Harris Wealth Management LLC purchased a new position in shares of iShares Short Treasury Bond ETF in the third quarter worth $27,000. WealthShield Partners LLC increased its holdings in shares of iShares Short Treasury Bond ETF by 78.8% in the third quarter. WealthShield Partners LLC now owns 295 shares of the company’s stock worth $33,000 after purchasing an additional 130 shares during the last quarter. Baystate Wealth Management LLC lifted its position in shares of iShares Short Treasury Bond ETF by 173.7% in the fourth quarter. Baystate Wealth Management LLC now owns 312 shares of the company’s stock worth $34,000 after buying an additional 198 shares in the last quarter. Gradient Investments LLC bought a new position in iShares Short Treasury Bond ETF during the third quarter valued at approximately $40,000. Finally, NBC Securities Inc. purchased a new position in iShares Short Treasury Bond ETF during the 3rd quarter valued at approximately $45,000. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Stock Performance

NASDAQ:SHV traded up $0.02 during trading hours on Friday, reaching $110.11. The stock had a trading volume of 2,206,326 shares, compared to its average volume of 2,390,533. iShares Short Treasury Bond ETF has a 52 week low of $109.85 and a 52 week high of $110.60. The company has a 50 day moving average price of $110.30 and a two-hundred day moving average price of $110.28.

iShares Short Treasury Bond ETF Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd will be given a $0.4637 dividend. This represents a $5.56 annualized dividend and a yield of 5.05%. The ex-dividend date of this dividend is Wednesday, May 1st.

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.