iShares Short Treasury Bond ETF (NASDAQ:SHV) Stake Lowered by JPMorgan Chase & Co.

JPMorgan Chase & Co. decreased its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 80.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,749,117 shares of the company’s stock after selling 7,282,415 shares during the period. JPMorgan Chase & Co. owned 1.01% of iShares Short Treasury Bond ETF worth $192,595,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SHV. Proficio Capital Partners LLC grew its position in iShares Short Treasury Bond ETF by 16,685.1% in the 4th quarter. Proficio Capital Partners LLC now owns 5,884,700 shares of the company’s stock worth $647,964,000 after purchasing an additional 5,849,641 shares during the last quarter. FMR LLC grew its holdings in iShares Short Treasury Bond ETF by 337.6% in 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 in the last quarter. Raymond James Financial Inc. acquired a new stake in iShares Short Treasury Bond ETF in the 4th quarter valued at approximately $123,698,000. Whalen Wealth Management Inc. raised its stake in iShares Short Treasury Bond ETF by 442.7% during the 4th quarter. Whalen Wealth Management Inc. now owns 262,678 shares of the company’s stock valued at $28,923,000 after acquiring an additional 214,280 shares in the last quarter. Finally, Guidance Capital Inc. boosted 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 period. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

Shares of SHV opened at $110.46 on Tuesday. iShares Short Treasury Bond ETF has a one year low of $109.91 and a one year high of $110.64. The stock’s fifty day moving average is $110.31 and its 200-day moving average is $110.30.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.3579 per share. The ex-dividend date was Monday, March 3rd.

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.