RMR Wealth Builders Cuts Stock Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

RMR Wealth Builders cut its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 24.2% in the 4th quarter, HoldingsChannel reports. The firm owned 2,873 shares of the company’s stock after selling 919 shares during the quarter. RMR Wealth Builders’ holdings in iShares Short Treasury Bond ETF were worth $316,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in SHV. Benjamin F. Edwards & Company Inc. purchased a new position in iShares Short Treasury Bond ETF in the second quarter valued at approximately $43,000. MidAtlantic Capital Management Inc. purchased a new position in shares of iShares Short Treasury Bond ETF during the 3rd quarter valued at $48,000. Glass Jacobson Investment Advisors llc grew its stake in shares of iShares Short Treasury Bond ETF by 55.5% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 454 shares of the company’s stock worth $50,000 after acquiring an additional 162 shares during the period. Abich Financial Wealth Management LLC increased its holdings in iShares Short Treasury Bond ETF by 21.7% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 718 shares of the company’s stock worth $79,000 after acquiring an additional 128 shares during the last quarter. Finally, Bristlecone Advisors LLC bought a new stake in iShares Short Treasury Bond ETF in the 3rd quarter valued at about $83,000. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Trading Up 0.0 %

Shares of NASDAQ:SHV opened at $110.29 on Friday. The company has a 50-day moving average price of $110.22 and a two-hundred day moving average price of $110.31. iShares Short Treasury Bond ETF has a twelve month low of $109.91 and a twelve month high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.4268 dividend. This represents a $5.12 annualized dividend and a yield of 4.64%. The ex-dividend date was Wednesday, December 18th.

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.