Cassaday & Co Wealth Management LLC Sells 110 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Cassaday & Co Wealth Management LLC cut its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 4.6% in the fourth quarter, HoldingsChannel reports. The firm owned 2,286 shares of the company’s stock after selling 110 shares during the period. Cassaday & Co Wealth Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $252,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its holdings in iShares Short Treasury Bond ETF by 23.7% during the third quarter. JPMorgan Chase & Co. now owns 9,031,532 shares of the company’s stock valued at $999,158,000 after purchasing an additional 1,732,399 shares during the last quarter. FMR LLC boosted its holdings in shares of iShares Short Treasury Bond ETF by 337.6% during the 3rd quarter. FMR LLC now owns 2,069,990 shares of the company’s stock worth $229,003,000 after buying an additional 1,596,924 shares during the period. Janney Montgomery Scott LLC acquired a new position in iShares Short Treasury Bond ETF in the 3rd quarter valued at $27,104,000. Whalen Wealth Management Inc. raised its holdings in iShares Short Treasury Bond ETF by 442.7% in the 4th quarter. Whalen Wealth Management Inc. now owns 262,678 shares of the company’s stock worth $28,923,000 after acquiring an additional 214,280 shares during the period. Finally, Guidance Capital Inc. lifted its position in iShares Short Treasury Bond ETF by 164.7% during the 4th quarter. Guidance Capital Inc. now owns 310,675 shares of the company’s stock worth $34,305,000 after acquiring an additional 193,291 shares during the last quarter. 7.10% of the stock is owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Stock Performance

SHV stock opened at $110.36 on Friday. The company has a 50-day moving average of $110.22 and a two-hundred day moving average of $110.31. iShares Short Treasury Bond ETF has a 52-week low of $109.91 and a 52-week high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a dividend of $0.4033 per share. The ex-dividend date was Monday, February 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.