Smithfield Trust Co Sells 2,040 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Smithfield Trust Co trimmed its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 1.3% in the third quarter, HoldingsChannel.com reports. The firm owned 151,019 shares of the company’s stock after selling 2,040 shares during the period. iShares Short Treasury Bond ETF accounts for about 0.8% of Smithfield Trust Co’s investment portfolio, making the stock its 26th largest holding. Smithfield Trust Co’s holdings in iShares Short Treasury Bond ETF were worth $16,709,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of SHV. Rothschild Investment LLC bought a new position in shares of iShares Short Treasury Bond ETF during the 2nd quarter worth approximately $40,000. Benjamin F. Edwards & Company Inc. bought a new stake in iShares Short Treasury Bond ETF in the second quarter valued at $43,000. Massmutual Trust Co. FSB ADV acquired a new position in shares of iShares Short Treasury Bond ETF during the second quarter valued at about $48,000. MidAtlantic Capital Management Inc. bought a new position in shares of iShares Short Treasury Bond ETF during the 3rd quarter worth about $48,000. Finally, Financial Gravity Asset Management Inc. grew its stake in shares of iShares Short Treasury Bond ETF by 1,323.5% in the 2nd quarter. Financial Gravity Asset Management Inc. now owns 484 shares of the company’s stock valued at $53,000 after buying an additional 450 shares during the period. 7.10% of the stock is owned by institutional investors.

iShares Short Treasury Bond ETF Stock Up 0.0 %

Shares of NASDAQ:SHV opened at $110.37 on Thursday. iShares Short Treasury Bond ETF has a twelve month low of $109.85 and a twelve month high of $110.64. The stock’s 50 day moving average is $110.37 and its 200-day moving average is $110.33.

iShares Short Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a $0.4668 dividend. This is a positive change from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.47. The ex-dividend date of this dividend was Friday, November 1st. This represents a $5.60 annualized dividend and a dividend yield of 5.08%.

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.