Alliancebernstein L.P. Has $3.10 Million Stake in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Alliancebernstein L.P. lowered its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 94.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,118 shares of the company’s stock after selling 446,711 shares during the quarter. Alliancebernstein L.P.’s holdings in iShares Short Treasury Bond ETF were worth $3,096,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. World Investment Advisors LLC lifted its holdings in iShares Short Treasury Bond ETF by 4.7% during the third quarter. World Investment Advisors LLC now owns 10,719 shares of the company’s stock worth $1,186,000 after acquiring an additional 482 shares during the period. Destination Wealth Management increased its position in shares of iShares Short Treasury Bond ETF by 0.9% during the 3rd quarter. Destination Wealth Management now owns 10,667 shares of the company’s stock valued at $1,180,000 after purchasing an additional 100 shares during the last quarter. Beaird Harris Wealth Management LLC raised its stake in shares of iShares Short Treasury Bond ETF by 580.5% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 1,674 shares of the company’s stock worth $185,000 after purchasing an additional 1,428 shares during the period. Independent Solutions Wealth Management LLC raised its stake in shares of iShares Short Treasury Bond ETF by 112.8% in the third quarter. Independent Solutions Wealth Management LLC now owns 18,974 shares of the company’s stock valued at $2,099,000 after buying an additional 10,059 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in iShares Short Treasury Bond ETF by 23.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,031,532 shares of the company’s stock valued at $999,158,000 after acquiring an additional 1,732,399 shares during the period. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Up 0.0 %

Shares of NASDAQ:SHV opened at $110.27 on Wednesday. The company has a 50 day moving average of $110.27 and a 200 day moving average of $110.27. iShares Short Treasury Bond ETF has a 12 month low of $109.91 and a 12 month high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were given a dividend of $0.3836 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $4.60 dividend on an annualized basis and a yield of 4.17%.

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.