Accurate Wealth Management LLC Trims Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Posted by on Mar 20th, 2023

Accurate Wealth Management LLC lessened its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV – Get Rating) by 93.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,340 shares of the company’s stock after selling 18,206 shares during the quarter. Accurate Wealth Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $147,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in SHV. Toronto Dominion Bank purchased a new position in shares of iShares Short Treasury Bond ETF during the third quarter worth about $16,494,000. RFG Advisory LLC purchased a new position in shares of iShares Short Treasury Bond ETF during the third quarter worth about $586,000. Traverso Chambers Private Wealth Management LLC purchased a new position in shares of iShares Short Treasury Bond ETF during the third quarter worth about $5,753,000. Koshinski Asset Management Inc. purchased a new position in shares of iShares Short Treasury Bond ETF during the third quarter worth about $532,000. Finally, EWG Elevate Inc. bought a new stake in iShares Short Treasury Bond ETF in the 4th quarter worth approximately $78,000. Hedge funds and other institutional investors own 9.11% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

NASDAQ:SHV opened at $110.38 on Monday. The business has a 50 day moving average of $110.11 and a 200 day moving average of $109.99. iShares Short Treasury Bond ETF has a 1-year low of $109.73 and a 1-year high of $110.38.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, March 7th. Investors of record on Thursday, March 2nd were given a $0.29 dividend. The ex-dividend date of this dividend was Wednesday, March 1st. This represents a $3.48 dividend on an annualized basis and a yield of 3.15%.

About iShares Short Treasury Bond ETF

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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.

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Institutional Ownership by Quarter for iShares Short Treasury Bond ETF (NASDAQ:SHV)

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