Birchcreek Wealth Management LLC Cuts Stake in iShares Short Treasury Bond ETF $SHV

Birchcreek Wealth Management LLC cut its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 7.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,379 shares of the company’s stock after selling 1,586 shares during the quarter. iShares Short Treasury Bond ETF accounts for approximately 1.2% of Birchcreek Wealth Management LLC’s holdings, making the stock its 17th biggest holding. Birchcreek Wealth Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $2,140,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. LPL Financial LLC raised its position in iShares Short Treasury Bond ETF by 11.4% in the 1st quarter. LPL Financial LLC now owns 2,126,145 shares of the company’s stock worth $234,854,000 after purchasing an additional 218,182 shares during the period. JPMorgan Chase & Co. grew its stake in shares of iShares Short Treasury Bond ETF by 4.7% during the first quarter. JPMorgan Chase & Co. now owns 1,831,952 shares of the company’s stock valued at $202,357,000 after buying an additional 82,835 shares during the last quarter. Wealthfront Advisers LLC increased its holdings in shares of iShares Short Treasury Bond ETF by 16.2% in the second quarter. Wealthfront Advisers LLC now owns 1,782,762 shares of the company’s stock worth $196,853,000 after buying an additional 248,584 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. lifted its stake in shares of iShares Short Treasury Bond ETF by 19.0% in the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,518,005 shares of the company’s stock valued at $168,118,000 after acquiring an additional 242,455 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its stake in shares of iShares Short Treasury Bond ETF by 26.1% in the 1st quarter. Raymond James Financial Inc. now owns 1,416,054 shares of the company’s stock valued at $156,417,000 after acquiring an additional 292,648 shares during the last quarter. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Stock Performance

SHV opened at $110.22 on Monday. The stock’s 50 day simple moving average is $110.31 and its 200 day simple moving average is $110.29. iShares Short Treasury Bond ETF has a 1 year low of $109.91 and a 1 year high of $110.51.

iShares Short Treasury Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were issued a $0.3705 dividend. The ex-dividend date was Monday, November 3rd. This represents a c) annualized dividend and a dividend yield of 4.0%.

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.