Paulson Wealth Management Inc. Sells 4,716 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Paulson Wealth Management Inc. cut its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 5.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 86,254 shares of the company’s stock after selling 4,716 shares during the period. iShares Short Treasury Bond ETF makes up about 2.6% of Paulson Wealth Management Inc.’s investment portfolio, making the stock its 9th largest holding. Paulson Wealth Management Inc. owned about 0.05% of iShares Short Treasury Bond ETF worth $9,542,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. J.Safra Asset Management Corp lifted its stake in shares of iShares Short Treasury Bond ETF by 78.6% in the 1st quarter. J.Safra Asset Management Corp now owns 250 shares of the company’s stock worth $28,000 after acquiring an additional 110 shares during the period. Rothschild Investment LLC acquired a new stake in iShares Short Treasury Bond ETF in the 2nd quarter valued at about $40,000. Benjamin F. Edwards & Company Inc. bought a new position in shares of iShares Short Treasury Bond ETF during the 2nd quarter valued at about $43,000. Massmutual Trust Co. FSB ADV bought a new stake in shares of iShares Short Treasury Bond ETF in the 2nd quarter worth approximately $48,000. Finally, Financial Gravity Asset Management Inc. grew its position in iShares Short Treasury Bond ETF by 1,323.5% in the second quarter. Financial Gravity Asset Management Inc. now owns 484 shares of the company’s stock worth $53,000 after buying an additional 450 shares during the last quarter. 7.10% of the stock is currently owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Stock Performance

Shares of NASDAQ SHV opened at $110.26 on Wednesday. The stock’s fifty day simple moving average is $110.36 and its 200 day simple moving average is $110.33. iShares Short Treasury Bond ETF has a 52-week low of $109.85 and a 52-week high of $110.64.

iShares Short Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were issued a dividend of $0.4668 per share. This represents a $5.60 annualized dividend and a yield of 5.08%. The ex-dividend date of this dividend was Friday, November 1st. This is an increase from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.47.

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.