Marks Wealth LLC Trims Stock Position in iShares Short Treasury Bond ETF $SHV

Marks Wealth LLC cut its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 65.9% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 480,919 shares of the company’s stock after selling 929,282 shares during the period. iShares Short Treasury Bond ETF accounts for 17.2% of Marks Wealth LLC’s portfolio, making the stock its biggest position. Marks Wealth LLC’s holdings in iShares Short Treasury Bond ETF were worth $53,103,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Astor Investment Management LLC boosted its stake in shares of iShares Short Treasury Bond ETF by 104.0% in the 2nd quarter. Astor Investment Management LLC now owns 44,431 shares of the company’s stock valued at $4,906,000 after purchasing an additional 22,648 shares during the last quarter. Foundry Financial Group Inc. boosted its position in iShares Short Treasury Bond ETF by 14.5% during the second quarter. Foundry Financial Group Inc. now owns 19,202 shares of the company’s stock valued at $2,120,000 after acquiring an additional 2,439 shares during the last quarter. Clarity Financial LLC bought a new stake in iShares Short Treasury Bond ETF during the second quarter valued at $327,000. B.O.S.S. Retirement Advisors LLC bought a new stake in iShares Short Treasury Bond ETF during the second quarter valued at $834,000. Finally, Trilogy Capital Inc. boosted its position in iShares Short Treasury Bond ETF by 11.2% during the second quarter. Trilogy Capital Inc. now owns 27,816 shares of the company’s stock valued at $3,071,000 after acquiring an additional 2,799 shares during the last quarter. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Stock Performance

Shares of iShares Short Treasury Bond ETF stock opened at $110.15 on Thursday. iShares Short Treasury Bond ETF has a one year low of $109.91 and a one year high of $110.57. The stock’s 50-day moving average is $110.32 and its 200 day moving average is $110.28.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st will be given a dividend of $0.3674 per share. The ex-dividend date of this dividend is Wednesday, October 1st.

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.