M Holdings Securities Inc. Sells 723 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

M Holdings Securities Inc. reduced its position in iShares Short Treasury Bond ETF (NASDAQ:SHV – Get Rating) by 21.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,575 shares of the company’s stock after selling 723 shares during the quarter. M Holdings Securities Inc.’s holdings in iShares Short Treasury Bond ETF were worth $283,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of SHV. Bank of New York Mellon Corp increased its holdings in iShares Short Treasury Bond ETF by 338.9% in the 1st quarter. Bank of New York Mellon Corp now owns 21,690 shares of the company’s stock valued at $2,391,000 after buying an additional 16,748 shares during the period. PNC Financial Services Group Inc. increased its holdings in iShares Short Treasury Bond ETF by 34.2% in the 1st quarter. PNC Financial Services Group Inc. now owns 7,588 shares of the company’s stock valued at $837,000 after buying an additional 1,934 shares during the period. Sei Investments Co. increased its holdings in iShares Short Treasury Bond ETF by 8.9% in the 1st quarter. Sei Investments Co. now owns 3,665 shares of the company’s stock valued at $406,000 after buying an additional 299 shares during the period. Cetera Investment Advisers increased its holdings in iShares Short Treasury Bond ETF by 208.6% in the 1st quarter. Cetera Investment Advisers now owns 21,535 shares of the company’s stock valued at $2,374,000 after buying an additional 14,557 shares during the period. Finally, Mather Group LLC. bought a new position in iShares Short Treasury Bond ETF in the 1st quarter valued at about $243,000. 9.11% of the stock is owned by institutional investors.

iShares Short Treasury Bond ETF Price Performance

SHV stock opened at $110.31 on Thursday. iShares Short Treasury Bond ETF has a 12 month low of $109.73 and a 12 month high of $110.33. The company’s 50-day moving average price is $110.10 and its two-hundred day moving average price is $109.99.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, March 7th. Shareholders of record on Thursday, March 2nd were issued a $0.29 dividend. This represents a $3.48 annualized dividend and a yield of 3.15%. The ex-dividend date was Wednesday, March 1st.

iShares Short Treasury Bond ETF Profile

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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.