Edge Wealth Management LLC Cuts Stake in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Edge Wealth Management LLC reduced its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 74.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,697 shares of the company’s stock after selling 7,880 shares during the period. Edge Wealth Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $297,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its holdings in iShares Short Treasury Bond ETF by 23.7% during the third quarter. JPMorgan Chase & Co. now owns 9,031,532 shares of the company’s stock valued at $999,158,000 after purchasing an additional 1,732,399 shares during the last quarter. FMR LLC raised its position in shares of iShares Short Treasury Bond ETF by 337.6% in the third quarter. FMR LLC now owns 2,069,990 shares of the company’s stock valued at $229,003,000 after purchasing an additional 1,596,924 shares during the period. Divergent Wealth Advisors lifted its stake in shares of iShares Short Treasury Bond ETF by 5.5% during the 3rd quarter. Divergent Wealth Advisors now owns 1,156,791 shares of the company’s stock valued at $127,976,000 after buying an additional 60,638 shares in the last quarter. Stifel Financial Corp boosted its holdings in iShares Short Treasury Bond ETF by 5.2% in the 3rd quarter. Stifel Financial Corp now owns 599,055 shares of the company’s stock worth $66,274,000 after buying an additional 29,814 shares during the period. Finally, Cynosure Group LLC grew its stake in iShares Short Treasury Bond ETF by 3.2% in the 3rd quarter. Cynosure Group LLC now owns 560,749 shares of the company’s stock valued at $62,036,000 after buying an additional 17,145 shares in the last quarter. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

Shares of SHV stock opened at $110.29 on Friday. The company’s fifty day simple moving average is $110.22 and its two-hundred day simple moving average is $110.31. iShares Short Treasury Bond ETF has a 1 year low of $109.91 and a 1 year high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.4268 dividend. This represents a $5.12 dividend on an annualized basis and a dividend yield of 4.64%. The ex-dividend date was Wednesday, December 18th.

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.