Arete Wealth Advisors LLC Trims Stock Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Arete Wealth Advisors LLC cut its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 38.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 51,857 shares of the company’s stock after selling 33,083 shares during the quarter. Arete Wealth Advisors LLC’s holdings in iShares Short Treasury Bond ETF were worth $5,710,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Glass Jacobson Investment Advisors llc boosted its stake in iShares Short Treasury Bond ETF by 55.5% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 454 shares of the company’s stock worth $50,000 after purchasing an additional 162 shares during the period. Synergy Asset Management LLC acquired a new stake in shares of iShares Short Treasury Bond ETF during the fourth quarter worth about $51,000. Kestra Investment Management LLC purchased a new position in shares of iShares Short Treasury Bond ETF during the fourth quarter worth about $97,000. Harbour Investments Inc. increased its position in iShares Short Treasury Bond ETF by 44.0% in the 4th quarter. Harbour Investments Inc. now owns 1,106 shares of the company’s stock valued at $122,000 after acquiring an additional 338 shares during the period. Finally, Values First Advisors Inc. increased its position in iShares Short Treasury Bond ETF by 294.2% in the 4th quarter. Values First Advisors Inc. now owns 1,490 shares of the company’s stock valued at $164,000 after acquiring an additional 1,112 shares during the period. 7.10% of the stock is owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Stock Up 0.0 %

iShares Short Treasury Bond ETF stock opened at $110.11 on Thursday. The stock has a 50 day moving average of $110.30 and a two-hundred day moving average of $110.30. iShares Short Treasury Bond ETF has a twelve month low of $109.91 and a twelve month high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, April 4th. Investors of record on Tuesday, April 1st will be given a $0.3836 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $4.60 dividend on an annualized basis and a yield of 4.18%.

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.