Lee Financial Co Sells 2,872 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Lee Financial Co trimmed its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 1.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 221,437 shares of the company’s stock after selling 2,872 shares during the period. iShares Short Treasury Bond ETF makes up about 3.4% of Lee Financial Co’s holdings, making the stock its 8th largest position. Lee Financial Co’s holdings in iShares Short Treasury Bond ETF were worth $24,382,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in SHV. MidAtlantic Capital Management Inc. bought a new stake in iShares Short Treasury Bond ETF during the third quarter worth approximately $48,000. Glass Jacobson Investment Advisors llc raised its stake in shares of iShares Short Treasury Bond ETF by 55.5% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 454 shares of the company’s stock worth $50,000 after buying an additional 162 shares in the last quarter. Synergy Asset Management LLC acquired a new stake in shares of iShares Short Treasury Bond ETF in the fourth quarter valued at $51,000. Bristlecone Advisors LLC bought a new position in iShares Short Treasury Bond ETF during the third quarter valued at about $83,000. Finally, Values First Advisors Inc. boosted its stake in iShares Short Treasury Bond ETF by 294.2% during the fourth quarter. Values First Advisors Inc. now owns 1,490 shares of the company’s stock valued at $164,000 after buying an additional 1,112 shares in the last quarter. 7.10% of the stock is owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Trading Up 0.0 %

Shares of iShares Short Treasury Bond ETF stock opened at $110.28 on Friday. iShares Short Treasury Bond ETF has a 52 week low of $109.91 and a 52 week high of $110.64. The company’s 50-day moving average price is $110.22 and its two-hundred day moving average price is $110.31.

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 issued a $0.4033 dividend. The ex-dividend date of this dividend was Monday, February 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.