Penserra Capital Management LLC Lowers Stock Holdings in iShares Short Treasury Bond ETF $SHV

Penserra Capital Management LLC lowered its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 48.0% during the third quarter, HoldingsChannel reports. The firm owned 101,497 shares of the company’s stock after selling 93,751 shares during the quarter. Penserra Capital Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $11,214,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Money Concepts Capital Corp acquired a new stake in shares of iShares Short Treasury Bond ETF during the third quarter worth $237,000. Jones Financial Companies Lllp raised its position in iShares Short Treasury Bond ETF by 1.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 57,203 shares of the company’s stock worth $6,319,000 after buying an additional 672 shares during the last quarter. A4 Wealth Advisors LLC acquired a new stake in shares of iShares Short Treasury Bond ETF in the 3rd quarter worth $414,000. Prostatis Group LLC lifted its stake in shares of iShares Short Treasury Bond ETF by 7.2% in the 3rd quarter. Prostatis Group LLC now owns 3,287 shares of the company’s stock worth $363,000 after acquiring an additional 220 shares during the period. Finally, AXS Investments LLC boosted its holdings in shares of iShares Short Treasury Bond ETF by 109.5% in the third quarter. AXS Investments LLC now owns 28,605 shares of the company’s stock valued at $3,161,000 after acquiring an additional 14,949 shares in the last quarter. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

Shares of iShares Short Treasury Bond ETF stock opened at $110.13 on Thursday. iShares Short Treasury Bond ETF has a 52-week low of $110.02 and a 52-week high of $110.50. The company’s 50-day simple moving average is $110.24 and its 200-day simple moving average is $110.29.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd will be given a dividend of $0.342 per share. The ex-dividend date is Monday, February 2nd. This represents a c) annualized dividend and a yield of 3.7%.

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.