Avestar Capital LLC Sells 95 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Avestar Capital LLC lessened its position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 2.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,729 shares of the company’s stock after selling 95 shares during the period. Avestar Capital LLC’s holdings in iShares Short Treasury Bond ETF were worth $413,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of SHV. Rothschild Investment LLC bought a new stake in shares of iShares Short Treasury Bond ETF in the 2nd quarter valued at $40,000. Benjamin F. Edwards & Company Inc. acquired a new stake in iShares Short Treasury Bond ETF in the second quarter worth $43,000. Massmutual Trust Co. FSB ADV bought a new stake in iShares Short Treasury Bond ETF in the second quarter valued at $48,000. MidAtlantic Capital Management Inc. acquired a new position in shares of iShares Short Treasury Bond ETF during the third quarter valued at about $48,000. Finally, Financial Gravity Asset Management Inc. boosted its position in shares of iShares Short Treasury Bond ETF by 1,323.5% during the 2nd quarter. Financial Gravity Asset Management Inc. now owns 484 shares of the company’s stock worth $53,000 after purchasing an additional 450 shares in the last quarter. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

Shares of SHV opened at $110.46 on Thursday. iShares Short Treasury Bond ETF has a one year low of $109.85 and a one year high of $110.64. The stock has a 50-day moving average of $110.37 and a 200-day moving average of $110.34.

iShares Short Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a $0.4668 dividend. This represents a $5.60 dividend on an annualized basis and a yield of 5.07%. The ex-dividend date was Friday, November 1st. This is a boost from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.47.

iShares Short Treasury Bond ETF Company 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.