Sumitomo Mitsui Financial Group Inc. Lowers Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Sumitomo Mitsui Financial Group Inc. trimmed its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 22.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 81,969 shares of the company’s stock after selling 23,423 shares during the quarter. Sumitomo Mitsui Financial Group Inc.’s holdings in iShares Short Treasury Bond ETF were worth $9,026,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Quantinno Capital Management LP grew its holdings in shares of iShares Short Treasury Bond ETF by 12.0% during the third quarter. Quantinno Capital Management LP now owns 2,802 shares of the company’s stock valued at $310,000 after buying an additional 300 shares during the last quarter. Quadrature Capital Ltd lifted its position in iShares Short Treasury Bond ETF by 55.3% in the 3rd quarter. Quadrature Capital Ltd now owns 8,752 shares of the company’s stock valued at $968,000 after acquiring an additional 3,115 shares in the last quarter. EP Wealth Advisors LLC boosted its stake in iShares Short Treasury Bond ETF by 114.9% during the 3rd quarter. EP Wealth Advisors LLC now owns 8,947 shares of the company’s stock valued at $990,000 after purchasing an additional 4,783 shares during the last quarter. Orion Portfolio Solutions LLC increased its holdings in shares of iShares Short Treasury Bond ETF by 33.6% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 20,671 shares of the company’s stock worth $2,287,000 after purchasing an additional 5,201 shares in the last quarter. Finally, Legacy Investment Solutions LLC purchased a new position in shares of iShares Short Treasury Bond ETF in the third quarter worth $2,071,000. 7.10% of the stock is owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Stock Up 0.0 %

Shares of NASDAQ:SHV opened at $110.17 on Monday. iShares Short Treasury Bond ETF has a 1 year low of $109.91 and a 1 year high of $110.64. The stock’s fifty day moving average price is $110.28 and its 200-day moving average price is $110.29.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were paid a dividend of $0.3836 per share. This represents a $4.60 annualized dividend and a yield of 4.18%. The ex-dividend date was Tuesday, April 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.