Patton Fund Management Inc. Sells 3,509 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Patton Fund Management Inc. reduced its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 9.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 35,397 shares of the company’s stock after selling 3,509 shares during the period. Patton Fund Management Inc.’s holdings in iShares Short Treasury Bond ETF were worth $3,898,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Trilogy Capital Inc. boosted its holdings in shares of iShares Short Treasury Bond ETF by 1.5% in the third quarter. Trilogy Capital Inc. now owns 6,326 shares of the company’s stock valued at $700,000 after purchasing an additional 92 shares during the period. Fortis Advisors LLC lifted its holdings in shares of iShares Short Treasury Bond ETF by 1.3% in the 3rd quarter. Fortis Advisors LLC now owns 7,736 shares of the company’s stock worth $856,000 after buying an additional 99 shares during the period. Destination Wealth Management increased its stake in shares of iShares Short Treasury Bond ETF by 0.9% during the third quarter. Destination Wealth Management now owns 10,667 shares of the company’s stock valued at $1,180,000 after buying an additional 100 shares during the period. KWB Wealth increased its position in iShares Short Treasury Bond ETF by 1.3% during the 3rd quarter. KWB Wealth now owns 8,421 shares of the company’s stock valued at $931,000 after purchasing an additional 107 shares during the period. Finally, Voya Financial Advisors Inc. raised its holdings in shares of iShares Short Treasury Bond ETF by 1.9% in the 3rd quarter. Voya Financial Advisors Inc. now owns 5,867 shares of the company’s stock valued at $649,000 after purchasing an additional 111 shares in the last quarter. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Trading Up 0.0 %

NASDAQ SHV opened at $110.45 on Wednesday. The firm’s 50 day moving average price is $110.24 and its 200-day moving average price is $110.32. iShares Short Treasury Bond ETF has a 52-week low of $109.91 and a 52-week high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a $0.4268 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $5.12 annualized dividend and a yield of 4.64%.

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.