US Bancorp DE Trims Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

US Bancorp DE reduced its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 22.9% in the 4th quarter, Holdings Channel reports. The institutional investor owned 93,949 shares of the company’s stock after selling 27,949 shares during the period. US Bancorp DE’s holdings in iShares Short Treasury Bond ETF were worth $10,347,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Morgan Stanley raised its holdings in shares of iShares Short Treasury Bond ETF by 0.4% during the 3rd quarter. Morgan Stanley now owns 7,544,605 shares of the company’s stock worth $833,453,000 after acquiring an additional 29,786 shares during the period. Wells Fargo & Company MN increased its position in iShares Short Treasury Bond ETF by 11.9% during the fourth quarter. Wells Fargo & Company MN now owns 3,812,911 shares of the company’s stock worth $419,916,000 after purchasing an additional 404,970 shares during the last quarter. UBS Group AG raised its stake in iShares Short Treasury Bond ETF by 6.1% during the fourth quarter. UBS Group AG now owns 2,235,509 shares of the company’s stock worth $246,197,000 after purchasing an additional 129,249 shares during the period. Gateway Advisory LLC boosted its holdings in iShares Short Treasury Bond ETF by 6.8% in the 3rd quarter. Gateway Advisory LLC now owns 1,654,317 shares of the company’s stock valued at $182,752,000 after purchasing an additional 105,580 shares during the last quarter. Finally, Anchor Capital Advisors LLC boosted its holdings in iShares Short Treasury Bond ETF by 282.1% in the 3rd quarter. Anchor Capital Advisors LLC now owns 1,512,931 shares of the company’s stock valued at $167,133,000 after purchasing an additional 1,116,959 shares during the last quarter. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Stock Performance

Shares of NASDAQ SHV opened at $110.43 on Monday. The company has a 50 day simple moving average of $110.29 and a 200-day simple moving average of $110.28. iShares Short Treasury Bond ETF has a 1 year low of $109.85 and a 1 year high of $110.60.

iShares Short Treasury Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were paid a dividend of $0.4637 per share. The ex-dividend date was Wednesday, May 1st. This represents a $5.56 annualized dividend and a yield of 5.04%.

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.