SVB Wealth LLC Decreases Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

SVB Wealth LLC lowered its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 54.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 767,857 shares of the company’s stock after selling 915,331 shares during the quarter. iShares Short Treasury Bond ETF comprises 2.1% of SVB Wealth LLC’s portfolio, making the stock its 6th biggest holding. SVB Wealth LLC’s holdings in iShares Short Treasury Bond ETF were worth $84,564,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Mariner LLC raised its stake in iShares Short Treasury Bond ETF by 539.3% during the 4th quarter. Mariner LLC now owns 1,577,855 shares of the company’s stock valued at $170,006,000 after purchasing an additional 1,331,048 shares during the period. Morgan Stanley raised its stake in iShares Short Treasury Bond ETF by 16.9% during the 4th quarter. Morgan Stanley now owns 8,638,208 shares of the company’s stock valued at $949,512,000 after purchasing an additional 1,249,478 shares during the period. Anchor Capital Advisors LLC raised its stake in iShares Short Treasury Bond ETF by 282.1% during 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 period. Ausdal Financial Partners Inc. raised its stake in iShares Short Treasury Bond ETF by 2,199.1% during the 4th quarter. Ausdal Financial Partners Inc. now owns 684,376 shares of the company’s stock valued at $75,370,000 after purchasing an additional 654,609 shares during the period. Finally, Wealthfront Advisers LLC raised its stake in iShares Short Treasury Bond ETF by 1,857.5% during the 3rd quarter. Wealthfront Advisers LLC now owns 638,397 shares of the company’s stock valued at $70,524,000 after purchasing an additional 605,784 shares during the period. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Up 0.0 %

SHV traded up $0.01 on Monday, hitting $110.25. 3,812,046 shares of the company’s stock traded hands, compared to its average volume of 2,339,147. The company’s 50 day simple moving average is $110.30 and its 200-day simple moving average is $110.27. iShares Short Treasury Bond ETF has a one year low of $109.85 and a one year high of $110.60.

iShares Short Treasury Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.4819 per share. This represents a $5.78 annualized dividend and a yield of 5.25%. The ex-dividend date of this dividend was Monday, April 1st.

iShares Short Treasury Bond ETF Company 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.