Concord Wealth Partners Trims Stake in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Concord Wealth Partners cut its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 12.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 158,262 shares of the company’s stock after selling 22,819 shares during the period. iShares Short Treasury Bond ETF comprises about 3.5% of Concord Wealth Partners’ holdings, making the stock its 5th largest holding. Concord Wealth Partners’ holdings in iShares Short Treasury Bond ETF were worth $17,429,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Kraft Davis & Associates LLC raised its holdings in iShares Short Treasury Bond ETF by 2.2% in the fourth quarter. Kraft Davis & Associates LLC now owns 4,432 shares of the company’s stock worth $490,000 after purchasing an additional 96 shares during the period. Sinecera Capital LLC raised its holdings in iShares Short Treasury Bond ETF by 3.1% in the fourth quarter. Sinecera Capital LLC now owns 4,050 shares of the company’s stock worth $446,000 after purchasing an additional 123 shares during the period. First Horizon Advisors Inc. raised its holdings in iShares Short Treasury Bond ETF by 0.3% in the third quarter. First Horizon Advisors Inc. now owns 35,654 shares of the company’s stock worth $3,939,000 after purchasing an additional 124 shares during the period. Keybank National Association OH raised its holdings in iShares Short Treasury Bond ETF by 0.6% in the third quarter. Keybank National Association OH now owns 21,602 shares of the company’s stock worth $2,386,000 after purchasing an additional 128 shares during the period. Finally, Baron Wealth Management LLC raised its holdings in iShares Short Treasury Bond ETF by 3.3% in the third quarter. Baron Wealth Management LLC now owns 4,017 shares of the company’s stock worth $444,000 after purchasing an additional 129 shares during the period. 7.10% of the stock is owned by institutional investors.

iShares Short Treasury Bond ETF Trading Down 0.4 %

Shares of NASDAQ:SHV traded down $0.43 during midday trading on Wednesday, reaching $110.04. 2,813,434 shares of the company were exchanged, compared to its average volume of 2,374,590. iShares Short Treasury Bond ETF has a fifty-two week low of $109.85 and a fifty-two week high of $110.60. The stock has a fifty day simple moving average of $110.32 and a two-hundred day simple moving average of $110.29.

iShares Short Treasury Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.4819 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $5.78 dividend on an annualized basis and a dividend yield of 5.26%.

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.