iShares Short Treasury Bond ETF (NASDAQ:SHV) Stake Lowered by Birchcreek Wealth Management LLC

Birchcreek Wealth Management LLC reduced its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 63.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 43,692 shares of the company’s stock after selling 74,806 shares during the period. iShares Short Treasury Bond ETF makes up 3.2% of Birchcreek Wealth Management LLC’s portfolio, making the stock its 7th biggest position. Birchcreek Wealth Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $4,834,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the business. SageView Advisory Group LLC grew its stake in shares of iShares Short Treasury Bond ETF by 7.4% during the 1st quarter. SageView Advisory Group LLC now owns 5,915 shares of the company’s stock valued at $654,000 after acquiring an additional 407 shares during the period. Spirepoint Private Client LLC purchased a new stake in shares of iShares Short Treasury Bond ETF during the 1st quarter worth approximately $1,079,000. Patten & Patten Inc. TN bought a new position in shares of iShares Short Treasury Bond ETF during the 1st quarter valued at approximately $235,000. Jacobi Capital Management LLC increased its position in shares of iShares Short Treasury Bond ETF by 5.0% during the 1st quarter. Jacobi Capital Management LLC now owns 7,380 shares of the company’s stock valued at $816,000 after purchasing an additional 352 shares during the last quarter. Finally, Capital Wealth Alliance LLC increased its position in shares of iShares Short Treasury Bond ETF by 39.8% during the 1st quarter. Capital Wealth Alliance LLC now owns 74,325 shares of the company’s stock valued at $8,216,000 after purchasing an additional 21,174 shares during the last quarter. 7.10% of the stock is owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Stock Performance

iShares Short Treasury Bond ETF stock traded up $0.03 during mid-day trading on Friday, hitting $110.32. The company’s stock had a trading volume of 947,625 shares, compared to its average volume of 2,938,982. The company has a 50 day moving average of $110.36 and a 200-day moving average of $110.33. iShares Short Treasury Bond ETF has a one year low of $109.85 and a one year high of $110.64.

iShares Short Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a dividend of $0.4668 per share. This is an increase 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 dividend on an annualized basis and a dividend yield of 5.08%.

About iShares Short Treasury Bond ETF

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.