Parallel Advisors LLC Sells 10,686 Shares of iShares Short Treasury Bond ETF $SHV

Parallel Advisors LLC decreased its position in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 19.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 44,669 shares of the company’s stock after selling 10,686 shares during the period. Parallel Advisors LLC’s holdings in iShares Short Treasury Bond ETF were worth $4,936,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SHV. Elevation Point Wealth Partners LLC acquired a new stake in shares of iShares Short Treasury Bond ETF in the second quarter valued at approximately $55,000. Atlantic Union Bankshares Corp bought a new stake in shares of iShares Short Treasury Bond ETF in the second quarter valued at about $56,000. Highline Wealth Partners LLC grew its position in shares of iShares Short Treasury Bond ETF by 355.8% during the 3rd quarter. Highline Wealth Partners LLC now owns 515 shares of the company’s stock worth $57,000 after purchasing an additional 402 shares in the last quarter. Asset Dedication LLC grew its position in iShares Short Treasury Bond ETF by 596.0% during the second quarter. Asset Dedication LLC now owns 696 shares of the company’s stock worth $77,000 after buying an additional 596 shares in the last quarter. Finally, Traub Capital Management LLC bought a new position in shares of iShares Short Treasury Bond ETF in the second quarter worth $119,000. 7.10% of the stock is currently owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Trading Up 0.0%

NASDAQ SHV opened at $110.17 on Monday. iShares Short Treasury Bond ETF has a 1 year low of $110.02 and a 1 year high of $110.50. The firm’s 50 day simple moving average is $110.25 and its 200 day simple 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. Investors of record on Monday, February 2nd were issued a $0.342 dividend. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date 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.