Cynosure Group LLC Decreases Stock Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Cynosure Group LLC lessened its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 0.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 559,842 shares of the company’s stock after selling 907 shares during the quarter. iShares Short Treasury Bond ETF makes up approximately 9.2% of Cynosure Group LLC’s holdings, making the stock its biggest holding. Cynosure Group LLC owned about 0.32% of iShares Short Treasury Bond ETF worth $61,644,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Proficio Capital Partners LLC lifted its holdings in iShares Short Treasury Bond ETF by 16,685.1% during the 4th quarter. Proficio Capital Partners LLC now owns 5,884,700 shares of the company’s stock valued at $647,964,000 after purchasing an additional 5,849,641 shares during the last quarter. JPMorgan Chase & Co. boosted its position in iShares Short Treasury Bond ETF by 23.7% in the third quarter. JPMorgan Chase & Co. now owns 9,031,532 shares of the company’s stock valued at $999,158,000 after buying an additional 1,732,399 shares in the last quarter. FMR LLC increased its holdings in 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. Raymond James Financial Inc. bought a new position in iShares Short Treasury Bond ETF in the 4th quarter valued at approximately $123,698,000. Finally, Whalen Wealth Management Inc. increased its stake in shares of iShares Short Treasury Bond ETF by 442.7% in the fourth quarter. Whalen Wealth Management Inc. now owns 262,678 shares of the company’s stock valued at $28,923,000 after buying an additional 214,280 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 $110.10 on Wednesday. The firm has a 50-day moving average of $110.30 and a 200-day moving average of $110.30. iShares Short Treasury Bond ETF has a one year low of $109.91 and a one year high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st will be issued a dividend of $0.3836 per share. The ex-dividend date is Tuesday, April 1st. This represents a $4.60 dividend on an annualized basis and a yield of 4.18%.

iShares Short Treasury Bond ETF 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.