BNP Paribas Financial Markets Sells 136,060 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

BNP Paribas Financial Markets lessened its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 49.7% during the 3rd quarter, HoldingsChannel reports. The fund owned 137,593 shares of the company’s stock after selling 136,060 shares during the quarter. BNP Paribas Financial Markets’ holdings in iShares Short Treasury Bond ETF were worth $15,222,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Rothschild Investment LLC purchased a new stake in iShares Short Treasury Bond ETF in the 2nd quarter worth approximately $40,000. Benjamin F. Edwards & Company Inc. purchased a new stake in shares of iShares Short Treasury Bond ETF in the second quarter worth $43,000. Massmutual Trust Co. FSB ADV bought a new stake in shares of iShares Short Treasury Bond ETF during the 2nd quarter valued at $48,000. MidAtlantic Capital Management Inc. purchased a new position in shares of iShares Short Treasury Bond ETF during the 3rd quarter valued at $48,000. Finally, Financial Gravity Asset Management Inc. boosted its holdings in iShares Short Treasury Bond ETF by 1,323.5% in the 2nd quarter. Financial Gravity Asset Management Inc. now owns 484 shares of the company’s stock worth $53,000 after buying an additional 450 shares during the period. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Trading Up 0.0 %

Shares of SHV stock opened at $110.51 on Friday. The stock has a fifty day simple moving average of $110.37 and a two-hundred day simple moving average of $110.34. iShares Short Treasury Bond ETF has a 52-week low of $109.85 and a 52-week high of $110.64.

iShares Short Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a dividend of $0.4668 per share. The ex-dividend date was Friday, November 1st. This represents a $5.60 annualized dividend and a dividend yield of 5.07%. This is a boost from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.47.

About iShares Short Treasury Bond ETF

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.