Baker Ellis Asset Management LLC Lowers Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Baker Ellis Asset Management LLC trimmed its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 13.4% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 9,700 shares of the company’s stock after selling 1,500 shares during the period. Baker Ellis Asset Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $1,072,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Total Investment Management Inc. boosted its position in shares of iShares Short Treasury Bond ETF by 6.9% during the first quarter. Total Investment Management Inc. now owns 14,674 shares of the company’s stock worth $1,622,000 after buying an additional 951 shares during the period. Financial Management Professionals Inc. boosted its position in shares of iShares Short Treasury Bond ETF by 78.8% during the first quarter. Financial Management Professionals Inc. now owns 5,671 shares of the company’s stock worth $627,000 after buying an additional 2,500 shares during the period. Bridge Advisory LLC boosted its position in shares of iShares Short Treasury Bond ETF by 109.5% during the first quarter. Bridge Advisory LLC now owns 156,651 shares of the company’s stock worth $17,316,000 after buying an additional 81,895 shares during the period. Capital Asset Advisory Services LLC boosted its position in shares of iShares Short Treasury Bond ETF by 19.0% during the first quarter. Capital Asset Advisory Services LLC now owns 5,740 shares of the company’s stock worth $632,000 after buying an additional 918 shares during the period. Finally, Jessup Wealth Management Inc purchased a new position in shares of iShares Short Treasury Bond ETF during the first quarter worth $259,000. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Trading Up 0.0 %

Shares of SHV traded up $0.05 during midday trading on Friday, hitting $110.50. 3,244,858 shares of the stock were exchanged, compared to its average volume of 2,389,998. iShares Short Treasury Bond ETF has a 52-week low of $109.85 and a 52-week high of $110.60. The stock has a fifty day simple moving average of $110.30 and a 200 day simple moving average of $110.28.

iShares Short Treasury Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were issued a $0.4723 dividend. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $5.67 dividend on an annualized basis and a yield of 5.13%.

iShares Short Treasury Bond ETF Company 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.