iShares Short Treasury Bond ETF (NASDAQ:SHV) Shares Sold by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC reduced its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV – Get Rating) by 17.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,221 shares of the company’s stock after selling 478 shares during the period. Tower Research Capital LLC TRC’s holdings in iShares Short Treasury Bond ETF were worth $244,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Exchange Traded Concepts LLC boosted its stake in iShares Short Treasury Bond ETF by 87,758.3% in the third quarter. Exchange Traded Concepts LLC now owns 14,354,290 shares of the company’s stock valued at $1,578,972,000 after acquiring an additional 14,337,952 shares during the period. UBS Group AG raised its holdings in shares of iShares Short Treasury Bond ETF by 18.1% during the third quarter. UBS Group AG now owns 3,514,211 shares of the company’s stock valued at $386,564,000 after buying an additional 539,098 shares during the last quarter. SVB Wealth LLC bought a new stake in shares of iShares Short Treasury Bond ETF during the third quarter valued at approximately $270,621,000. Bank of Nova Scotia raised its holdings in shares of iShares Short Treasury Bond ETF by 13.8% during the second quarter. Bank of Nova Scotia now owns 1,957,376 shares of the company’s stock valued at $215,806,000 after buying an additional 237,319 shares during the last quarter. Finally, Wells Fargo & Company MN raised its holdings in shares of iShares Short Treasury Bond ETF by 101.3% during the second quarter. Wells Fargo & Company MN now owns 1,861,918 shares of the company’s stock valued at $204,997,000 after buying an additional 936,846 shares during the last quarter. 9.11% of the stock is currently owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Price Performance

Shares of NASDAQ:SHV opened at $110.02 on Friday. iShares Short Treasury Bond ETF has a 12 month low of $109.73 and a 12 month high of $110.32. The stock’s 50 day moving average price is $110.06 and its 200 day moving average price is $109.99.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, March 7th. Investors of record on Thursday, March 2nd will be issued a dividend of $0.29 per share. The ex-dividend date of this dividend is Wednesday, March 1st. This represents a $3.48 annualized dividend and a yield of 3.16%.

About iShares Short Treasury Bond ETF

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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.