Investment Partners Asset Management Inc. Sells 170 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Investment Partners Asset Management Inc. decreased its position in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 2.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,330 shares of the company’s stock after selling 170 shares during the period. Investment Partners Asset Management Inc.’s holdings in iShares Short Treasury Bond ETF were worth $807,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. MGB Wealth Management LLC boosted its stake in iShares Short Treasury Bond ETF by 140.5% in the fourth quarter. MGB Wealth Management LLC now owns 5,370 shares of the company’s stock valued at $591,000 after acquiring an additional 3,137 shares during the last quarter. Morris Financial Concepts Inc. lifted its stake in shares of iShares Short Treasury Bond ETF by 5.7% in the 4th quarter. Morris Financial Concepts Inc. now owns 66,215 shares of the company’s stock valued at $7,291,000 after purchasing an additional 3,596 shares during the period. Howard Bailey Securities LLC bought a new position in shares of iShares Short Treasury Bond ETF in the 4th quarter worth $268,000. Stanley Laman Group Ltd. boosted its position in shares of iShares Short Treasury Bond ETF by 26.7% in the 4th quarter. Stanley Laman Group Ltd. now owns 3,170 shares of the company’s stock worth $349,000 after purchasing an additional 669 shares during the last quarter. Finally, Values First Advisors Inc. grew its stake in shares of iShares Short Treasury Bond ETF by 294.2% during the fourth quarter. Values First Advisors Inc. now owns 1,490 shares of the company’s stock worth $164,000 after purchasing an additional 1,112 shares during the period. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

NASDAQ SHV opened at $110.20 on Thursday. iShares Short Treasury Bond ETF has a 12 month low of $109.91 and a 12 month high of $110.64. The stock has a 50-day simple moving average of $110.22 and a 200 day simple moving average of $110.31.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a $0.4033 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.