Drive Wealth Management LLC Sells 5,088 Shares of iShares Short Treasury Bond ETF $SHV

Drive Wealth Management LLC decreased its position in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 6.6% during the 2nd quarter, Holdings Channel reports. The firm owned 72,195 shares of the company’s stock after selling 5,088 shares during the quarter. iShares Short Treasury Bond ETF makes up 1.7% of Drive Wealth Management LLC’s investment portfolio, making the stock its 12th biggest holding. Drive Wealth Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $7,972,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. San Luis Wealth Advisors LLC grew its holdings in shares of iShares Short Treasury Bond ETF by 13.5% in the 2nd quarter. San Luis Wealth Advisors LLC now owns 37,456 shares of the company’s stock worth $4,136,000 after purchasing an additional 4,457 shares during the last quarter. Partners Capital Investment Group LLP grew its holdings in shares of iShares Short Treasury Bond ETF by 139.1% in the 1st quarter. Partners Capital Investment Group LLP now owns 120,599 shares of the company’s stock worth $13,321,000 after purchasing an additional 70,161 shares during the last quarter. Flow Traders U.S. LLC grew its holdings in shares of iShares Short Treasury Bond ETF by 180.0% in the 1st quarter. Flow Traders U.S. LLC now owns 162,997 shares of the company’s stock worth $18,005,000 after purchasing an additional 104,788 shares during the last quarter. Concord Asset Management LLC VA grew its holdings in shares of iShares Short Treasury Bond ETF by 9.2% in the 2nd quarter. Concord Asset Management LLC VA now owns 261,414 shares of the company’s stock worth $28,865,000 after purchasing an additional 22,103 shares during the last quarter. Finally, Mullooly Asset Management Inc. bought a new stake in shares of iShares Short Treasury Bond ETF in the 1st quarter worth about $41,366,000. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Up 0.0%

SHV opened at $110.36 on Monday. The firm’s 50-day simple moving average is $110.31 and its 200-day simple moving average is $110.28. iShares Short Treasury Bond ETF has a twelve month low of $109.91 and a twelve month high of $110.57.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were given a dividend of $0.3674 per share. The ex-dividend date was Wednesday, October 1st.

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.