Comerica Bank Trims Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Comerica Bank reduced its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 50.1% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 133,599 shares of the company’s stock after selling 134,245 shares during the quarter. Comerica Bank’s holdings in iShares Short Treasury Bond ETF were worth $14,768,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Hansen & Associates Financial Group Inc. purchased a new stake in shares of iShares Short Treasury Bond ETF during the fourth quarter worth approximately $55,000,000. Wells Fargo & Company MN raised its stake in shares of iShares Short Treasury Bond ETF by 11.9% during the fourth quarter. Wells Fargo & Company MN now owns 3,812,911 shares of the company’s stock worth $419,916,000 after purchasing an additional 404,970 shares during the last quarter. Truist Financial Corp raised its position in iShares Short Treasury Bond ETF by 25.4% during the 4th quarter. Truist Financial Corp now owns 1,512,329 shares of the company’s stock worth $166,553,000 after buying an additional 306,437 shares during the last quarter. Bank of Nova Scotia boosted its holdings in iShares Short Treasury Bond ETF by 29.5% in the 4th quarter. Bank of Nova Scotia now owns 1,310,234 shares of the company’s stock valued at $144,161,000 after purchasing an additional 298,508 shares in the last quarter. Finally, Townsend & Associates Inc raised its position in iShares Short Treasury Bond ETF by 79.7% in the fourth quarter. Townsend & Associates Inc now owns 455,833 shares of the company’s stock worth $50,347,000 after acquiring an additional 202,134 shares in the last quarter. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Up 0.1 %

Shares of NASDAQ SHV traded up $0.10 during midday trading on Friday, hitting $110.18. The company had a trading volume of 2,664,193 shares, compared to its average volume of 2,427,807. The business has a 50-day simple moving average of $110.30 and a two-hundred day simple moving average of $110.31. iShares Short Treasury Bond ETF has a twelve month low of $109.85 and a twelve month high of $110.60.

iShares Short Treasury Bond ETF Dividend Announcement

The business also recently announced a dividend, which will be paid on Tuesday, August 6th. Investors of record on Thursday, August 1st will be paid a $0.4879 dividend. The ex-dividend date is Thursday, August 1st.

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.