Betterment LLC Has $86.39 Million Stock Position in iShares Short Treasury Bond ETF $SHV

Betterment LLC cut its position in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 9.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 781,837 shares of the company’s stock after selling 83,473 shares during the period. Betterment LLC owned 0.42% of iShares Short Treasury Bond ETF worth $86,385,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Core Wealth Partners LLC raised its stake in iShares Short Treasury Bond ETF by 0.4% during the 3rd quarter. Core Wealth Partners LLC now owns 25,131 shares of the company’s stock worth $2,777,000 after buying an additional 97 shares during the period. Pure Portfolios Holdings LLC grew its stake in iShares Short Treasury Bond ETF by 1.0% in the third quarter. Pure Portfolios Holdings LLC now owns 11,244 shares of the company’s stock valued at $1,242,000 after acquiring an additional 116 shares during the period. Schrum Private Wealth Management LLC increased its holdings in shares of iShares Short Treasury Bond ETF by 1.6% during the third quarter. Schrum Private Wealth Management LLC now owns 7,541 shares of the company’s stock valued at $833,000 after acquiring an additional 118 shares in the last quarter. Trueblood Wealth Management LLC increased its holdings in shares of iShares Short Treasury Bond ETF by 7.5% during the third quarter. Trueblood Wealth Management LLC now owns 2,023 shares of the company’s stock valued at $224,000 after acquiring an additional 141 shares in the last quarter. Finally, American Institute for Advanced Investment Management LLP raised its position in shares of iShares Short Treasury Bond ETF by 6.7% during the third quarter. American Institute for Advanced Investment Management LLP now owns 2,320 shares of the company’s stock worth $256,000 after purchasing an additional 145 shares during the period. 7.10% of the stock is owned by institutional investors.

iShares Short Treasury Bond ETF Trading Up 0.0%

Shares of SHV opened at $110.20 on Friday. iShares Short Treasury Bond ETF has a 12-month low of $110.02 and a 12-month high of $110.50. The business’s fifty day moving average is $110.25 and its 200 day moving average is $110.28.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a $0.342 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, February 2nd.

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.