Selway Asset Management Has $19.04 Million Stock Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Selway Asset Management boosted its position in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 6.5% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 172,925 shares of the company’s stock after purchasing an additional 10,625 shares during the quarter. iShares Short Treasury Bond ETF comprises 7.5% of Selway Asset Management’s holdings, making the stock its 2nd biggest position. Selway Asset Management owned approximately 0.10% of iShares Short Treasury Bond ETF worth $19,041,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its holdings in shares of iShares Short Treasury Bond ETF by 23.7% during the third quarter. JPMorgan Chase & Co. now owns 9,031,532 shares of the company’s stock valued at $999,158,000 after buying an additional 1,732,399 shares during the last quarter. Proficio Capital Partners LLC increased its position in iShares Short Treasury Bond ETF by 16,685.1% in the 4th quarter. Proficio Capital Partners LLC now owns 5,884,700 shares of the company’s stock valued at $647,964,000 after acquiring an additional 5,849,641 shares during the period. LPL Financial LLC raised its stake in iShares Short Treasury Bond ETF by 6.8% during the 4th quarter. LPL Financial LLC now owns 1,907,963 shares of the company’s stock valued at $210,086,000 after acquiring an additional 120,706 shares in the last quarter. Raymond James Financial Inc. acquired a new position in iShares Short Treasury Bond ETF during the 4th quarter worth $123,698,000. Finally, True Link Financial Advisors LLC grew its stake in shares of iShares Short Treasury Bond ETF by 6.3% in the fourth quarter. True Link Financial Advisors LLC now owns 551,299 shares of the company’s stock worth $60,704,000 after purchasing an additional 32,862 shares in the last quarter. 7.10% of the stock is owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Price Performance

Shares of SHV opened at $110.27 on Wednesday. The stock’s fifty day moving average is $110.27 and its 200-day moving average is $110.27. iShares Short Treasury Bond ETF has a one year low of $109.91 and a one year high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The business 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 was Tuesday, April 1st. This represents a $4.60 dividend on an annualized basis and a dividend 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.