Baron Wealth Management LLC Sells 1,225 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Baron Wealth Management LLC reduced its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 31.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,728 shares of the company’s stock after selling 1,225 shares during the period. Baron Wealth Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $300,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. MidAtlantic Capital Management Inc. bought a new stake in iShares Short Treasury Bond ETF during the 3rd quarter valued at about $48,000. Glass Jacobson Investment Advisors llc increased its position in shares of iShares Short Treasury Bond ETF by 55.5% during the third quarter. Glass Jacobson Investment Advisors llc now owns 454 shares of the company’s stock valued at $50,000 after acquiring an additional 162 shares in the last quarter. Bristlecone Advisors LLC purchased a new position in iShares Short Treasury Bond ETF in the 3rd quarter worth approximately $83,000. Beaird Harris Wealth Management LLC lifted its position in iShares Short Treasury Bond ETF by 580.5% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 1,674 shares of the company’s stock valued at $185,000 after acquiring an additional 1,428 shares in the last quarter. Finally, Lauterbach Financial Advisors LLC purchased a new stake in iShares Short Treasury Bond ETF during the 3rd quarter valued at $202,000. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Stock Performance

SHV stock opened at $110.46 on Thursday. iShares Short Treasury Bond ETF has a 1-year low of $109.91 and a 1-year high of $110.64. The business has a fifty day moving average price of $110.24 and a 200-day moving average price of $110.32.

iShares Short Treasury Bond ETF Cuts Dividend

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

iShares Short Treasury Bond ETF 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.