Drive Wealth Management LLC Sells 68,499 Shares of iShares Short Treasury Bond ETF $SHV

Drive Wealth Management LLC lessened its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 94.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,696 shares of the company’s stock after selling 68,499 shares during the quarter. Drive Wealth Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $408,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Avalon Capital Management boosted its position in iShares Short Treasury Bond ETF by 33.6% in the 2nd quarter. Avalon Capital Management now owns 51,938 shares of the company’s stock valued at $5,735,000 after buying an additional 13,068 shares during the last quarter. Ehrlich Financial Group raised its position in shares of iShares Short Treasury Bond ETF by 72.6% during the third quarter. Ehrlich Financial Group now owns 22,389 shares of the company’s stock worth $2,474,000 after acquiring an additional 9,414 shares during the last quarter. Americana Partners LLC lifted its stake in shares of iShares Short Treasury Bond ETF by 47.7% during the third quarter. Americana Partners LLC now owns 492,204 shares of the company’s stock valued at $54,384,000 after acquiring an additional 158,928 shares during the period. 17 Capital Partners LLC bought a new position in iShares Short Treasury Bond ETF in the second quarter valued at about $565,000. Finally, Bfsg LLC boosted its holdings in iShares Short Treasury Bond ETF by 37.0% in the third quarter. Bfsg LLC now owns 58,028 shares of the company’s stock valued at $6,412,000 after acquiring an additional 15,668 shares during the last quarter. 7.10% 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 $110.37 on Friday. iShares Short Treasury Bond ETF has a 1-year low of $110.02 and a 1-year high of $110.51. The business has a 50-day moving average price of $110.25 and a two-hundred day moving average price of $110.28.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were paid a dividend of $0.3569 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Friday, December 19th.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.