Whalen Wealth Management Inc. Lowers Stake in iShares Short Treasury Bond ETF $SHV

Whalen Wealth Management Inc. lessened its position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 16.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 103,996 shares of the company’s stock after selling 19,781 shares during the period. iShares Short Treasury Bond ETF accounts for 6.1% of Whalen Wealth Management Inc.’s investment portfolio, making the stock its largest position. Whalen Wealth Management Inc.’s holdings in iShares Short Treasury Bond ETF were worth $11,455,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in SHV. Stratos Wealth Partners LTD. boosted its holdings in shares of iShares Short Treasury Bond ETF by 14.0% in the fourth quarter. Stratos Wealth Partners LTD. now owns 6,342 shares of the company’s stock worth $699,000 after acquiring an additional 777 shares during the period. AdvisorNet Financial Inc raised its stake in shares of iShares Short Treasury Bond ETF by 4.0% during the 4th quarter. AdvisorNet Financial Inc now owns 153,207 shares of the company’s stock valued at $16,876,000 after purchasing an additional 5,921 shares during the period. Formidable Asset Management LLC lifted its holdings in iShares Short Treasury Bond ETF by 1.5% during the 4th quarter. Formidable Asset Management LLC now owns 6,865 shares of the company’s stock worth $759,000 after purchasing an additional 100 shares in the last quarter. Banque Pictet & Cie SA lifted its holdings in iShares Short Treasury Bond ETF by 27.8% during the 4th quarter. Banque Pictet & Cie SA now owns 119,075 shares of the company’s stock worth $13,116,000 after purchasing an additional 25,930 shares in the last quarter. Finally, Westmount Partners LLC bought a new position in iShares Short Treasury Bond ETF in the 4th quarter worth about $396,000. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Up 0.0%

Shares of NASDAQ:SHV opened at $110.13 on Friday. The company has a 50 day moving average of $110.25 and a 200 day moving average of $110.27. 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 business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.342 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 3.7%.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.