Drive Wealth Management LLC Sells 4,476 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Drive Wealth Management LLC decreased its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 5.9% in the 4th quarter, Holdings Channel reports. The fund owned 71,329 shares of the company’s stock after selling 4,476 shares during the quarter. iShares Short Treasury Bond ETF accounts for approximately 1.9% of Drive Wealth Management LLC’s investment portfolio, making the stock its 11th biggest position. Drive Wealth Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $7,854,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in SHV. Benjamin F. Edwards & Company Inc. bought a new position in iShares Short Treasury Bond ETF in the second quarter valued at $43,000. MidAtlantic Capital Management Inc. bought a new position in iShares Short Treasury Bond ETF in the third quarter valued at $48,000. Glass Jacobson Investment Advisors llc grew its position in iShares Short Treasury Bond ETF by 55.5% in the third quarter. Glass Jacobson Investment Advisors llc now owns 454 shares of the company’s stock valued at $50,000 after purchasing an additional 162 shares in the last quarter. Bristlecone Advisors LLC bought a new position in iShares Short Treasury Bond ETF in the third quarter valued at $83,000. Finally, Beaird Harris Wealth Management LLC grew its position in iShares Short Treasury Bond ETF by 580.5% in the third quarter. Beaird Harris Wealth Management LLC now owns 1,674 shares of the company’s stock valued at $185,000 after purchasing an additional 1,428 shares in the last quarter. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Up 0.0 %

iShares Short Treasury Bond ETF stock opened at $110.42 on Monday. iShares Short Treasury Bond ETF has a 1-year low of $109.91 and a 1-year high of $110.64. The company has a fifty day simple moving average of $110.23 and a 200 day simple moving average of $110.32.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a $0.4268 dividend. This represents a $5.12 dividend on an annualized basis and a yield of 4.64%. The ex-dividend date was Wednesday, December 18th.

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.