UBS Group AG Lowers Position in iShares Short Treasury Bond ETF $SHV

UBS Group AG cut its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 16.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,809,401 shares of the company’s stock after selling 345,462 shares during the quarter. UBS Group AG owned 1.00% of iShares Short Treasury Bond ETF worth $199,306,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JPL Wealth Management LLC purchased a new stake in shares of iShares Short Treasury Bond ETF during the third quarter valued at approximately $26,000. Flagship Harbor Advisors LLC purchased a new stake in shares of iShares Short Treasury Bond ETF during the fourth quarter valued at approximately $70,000. Aventura Private Wealth LLC purchased a new stake in shares of iShares Short Treasury Bond ETF during the fourth quarter valued at approximately $94,000. Wealth Enhancement Trust Services Inc. purchased a new stake in shares of iShares Short Treasury Bond ETF during the fourth quarter valued at approximately $110,000. Finally, Geneos Wealth Management Inc. increased its position in shares of iShares Short Treasury Bond ETF by 38.6% during the second quarter. Geneos Wealth Management Inc. now owns 1,249 shares of the company’s stock valued at $138,000 after acquiring an additional 348 shares during the last quarter. 7.10% of the stock is owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Stock Up 0.0%

Shares of SHV opened at $110.38 on Thursday. The stock has a 50 day moving average of $110.25 and a 200 day moving average of $110.26. iShares Short Treasury Bond ETF has a 12 month low of $110.02 and a 12 month high of $110.50.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a dividend of $0.342 per share. 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.