Hanover Advisors Inc. Reduces Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Hanover Advisors Inc. cut its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 14.7% in the 4th quarter, HoldingsChannel reports. The fund owned 5,262 shares of the company’s stock after selling 910 shares during the quarter. Hanover Advisors Inc.’s holdings in iShares Short Treasury Bond ETF were worth $579,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Noble Wealth Management PBC bought a new position in iShares Short Treasury Bond ETF during the 4th quarter valued at approximately $1,185,000. Maripau Wealth Management LLC bought a new position in iShares Short Treasury Bond ETF during the 4th quarter valued at approximately $772,000. SVB Wealth LLC bought a new position in iShares Short Treasury Bond ETF during the 4th quarter valued at approximately $3,449,000. A&I Financial Services LLC bought a new position in iShares Short Treasury Bond ETF during the 4th quarter valued at approximately $290,000. Finally, Heritage Oak Wealth Advisors LLC bought a new position in iShares Short Treasury Bond ETF during the 4th quarter valued at approximately $672,000. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Stock Up 0.0 %

SHV opened at $110.46 on Friday. The business has a 50 day simple moving average of $110.26 and a two-hundred day simple moving average of $110.32. iShares Short Treasury Bond ETF has a one year low of $109.91 and a one year high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.4033 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.