Lowe Brockenbrough & Co. Inc. Sells 3,020 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Lowe Brockenbrough & Co. Inc. cut its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 3.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 75,263 shares of the company’s stock after selling 3,020 shares during the quarter. Lowe Brockenbrough & Co. Inc.’s holdings in iShares Short Treasury Bond ETF were worth $8,287,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in SHV. Glass Jacobson Investment Advisors llc lifted its holdings 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 worth $50,000 after purchasing an additional 162 shares during the period. Synergy Asset Management LLC bought a new position in iShares Short Treasury Bond ETF during the 4th quarter worth $51,000. Kestra Investment Management LLC acquired a new position in iShares Short Treasury Bond ETF during the 4th quarter worth about $97,000. Harbour Investments Inc. grew its position in shares of iShares Short Treasury Bond ETF by 44.0% in the 4th quarter. Harbour Investments Inc. now owns 1,106 shares of the company’s stock valued at $122,000 after buying an additional 338 shares during the last quarter. Finally, Values First Advisors Inc. increased its stake in shares of iShares Short Treasury Bond ETF by 294.2% in the fourth quarter. Values First Advisors Inc. now owns 1,490 shares of the company’s stock valued at $164,000 after buying an additional 1,112 shares during the period. 7.10% of the stock is owned by institutional investors.

iShares Short Treasury Bond ETF Stock Performance

Shares of SHV opened at $110.33 on Friday. The business has a 50-day moving average of $110.29 and a 200-day moving average of $110.29. iShares Short Treasury Bond ETF has a 1 year low of $109.91 and a 1 year high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a $0.3579 dividend. The ex-dividend date was Monday, March 3rd.

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.