Atticus Wealth Management LLC Has $2.28 Million Stake in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Atticus Wealth Management LLC lowered its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 6.4% in the fourth quarter, Holdings Channel reports. The fund owned 20,674 shares of the company’s stock after selling 1,418 shares during the quarter. iShares Short Treasury Bond ETF accounts for approximately 0.7% of Atticus Wealth Management LLC’s investment portfolio, making the stock its 25th largest holding. Atticus Wealth Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $2,276,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in SHV. Benjamin F. Edwards & Company Inc. acquired a new position in iShares Short Treasury Bond ETF in the 2nd quarter worth about $43,000. MidAtlantic Capital Management Inc. bought a new stake in shares of iShares Short Treasury Bond ETF during the third quarter worth about $48,000. Glass Jacobson Investment Advisors llc grew 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 last quarter. Bristlecone Advisors LLC acquired a new position in shares of iShares Short Treasury Bond ETF in the third quarter valued at approximately $83,000. Finally, Beaird Harris Wealth Management LLC raised its holdings in iShares Short Treasury Bond ETF by 580.5% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 1,674 shares of the company’s stock valued at $185,000 after buying an additional 1,428 shares during the last quarter. 7.10% of the stock is currently owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Price Performance

SHV opened at $110.42 on Monday. iShares Short Treasury Bond ETF has a fifty-two week low of $109.91 and a fifty-two week high of $110.64. The company’s 50 day moving average price is $110.23 and its two-hundred day moving average price is $110.32.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.4268 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $5.12 dividend on an annualized basis and a yield of 4.64%.

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.