iShares Short Treasury Bond ETF (NASDAQ:SHV) Shares Sold by Summit Wealth Group LLC

Summit Wealth Group LLC lessened its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 19.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,384 shares of the company’s stock after selling 579 shares during the quarter. Summit Wealth Group LLC’s holdings in iShares Short Treasury Bond ETF were worth $264,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. LPL Financial LLC raised its position in shares of iShares Short Treasury Bond ETF by 4.7% during the 2nd quarter. LPL Financial LLC now owns 1,785,274 shares of the company’s stock worth $197,273,000 after purchasing an additional 80,700 shares during the period. Envestnet Asset Management Inc. raised its holdings in iShares Short Treasury Bond ETF by 6.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,583,675 shares of the company’s stock worth $174,996,000 after buying an additional 99,530 shares during the period. Divergent Wealth Advisors boosted its stake in iShares Short Treasury Bond ETF by 5.5% in the 3rd quarter. Divergent Wealth Advisors now owns 1,156,791 shares of the company’s stock worth $127,976,000 after purchasing an additional 60,638 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in shares of iShares Short Treasury Bond ETF by 18.7% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 1,131,236 shares of the company’s stock valued at $125,002,000 after buying an additional 178,574 shares in the last quarter. Finally, Anchor Capital Advisors LLC grew its position in iShares Short Treasury Bond ETF by 116.1% during the second quarter. Anchor Capital Advisors LLC now owns 971,521 shares of the company’s stock valued at $107,353,000 after purchasing an additional 521,879 shares in the last quarter. 7.10% of the stock is owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Stock Performance

Shares of NASDAQ SHV opened at $110.33 on Tuesday. The business’s 50-day moving average price is $110.37 and its two-hundred day moving average price is $110.33. iShares Short Treasury Bond ETF has a one year low of $109.85 and a one year high of $110.64.

iShares Short Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a $0.4668 dividend. This represents a $5.60 annualized dividend and a yield of 5.08%. This is an increase from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.47. The ex-dividend date of this dividend was Friday, November 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.