True Link Financial Advisors LLC Reduces Holdings in iShares Short Treasury Bond ETF $SHV

True Link Financial Advisors LLC lessened its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 44.4% in the third quarter, Holdings Channel reports. The institutional investor owned 365,540 shares of the company’s stock after selling 291,661 shares during the period. iShares Short Treasury Bond ETF accounts for approximately 2.6% of True Link Financial Advisors LLC’s portfolio, making the stock its 10th biggest position. True Link Financial Advisors LLC’s holdings in iShares Short Treasury Bond ETF were worth $40,389,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Cibc World Market Inc. boosted its holdings in iShares Short Treasury Bond ETF by 16.0% in the third quarter. Cibc World Market Inc. now owns 15,230 shares of the company’s stock worth $1,683,000 after acquiring an additional 2,097 shares in the last quarter. Caprock Group LLC purchased a new position in shares of iShares Short Treasury Bond ETF in the 3rd quarter worth about $415,000. Investment Management Associates Inc. ADV boosted its stake in iShares Short Treasury Bond ETF by 17.0% in the 3rd quarter. Investment Management Associates Inc. ADV now owns 25,593 shares of the company’s stock worth $2,828,000 after purchasing an additional 3,721 shares in the last quarter. SVB Wealth LLC boosted its stake in iShares Short Treasury Bond ETF by 50.6% in the 3rd quarter. SVB Wealth LLC now owns 25,326 shares of the company’s stock worth $2,798,000 after purchasing an additional 8,509 shares in the last quarter. Finally, BridgePort Financial Solutions LLC grew its position in iShares Short Treasury Bond ETF by 23.5% during the 3rd quarter. BridgePort Financial Solutions LLC now owns 2,239 shares of the company’s stock valued at $247,000 after purchasing an additional 426 shares during the last quarter. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

NASDAQ:SHV opened at $110.21 on Thursday. iShares Short Treasury Bond ETF has a fifty-two week low of $110.02 and a fifty-two week high of $110.50. The firm has a 50-day simple moving average of $110.23 and a two-hundred day simple moving average of $110.28.

iShares Short Treasury Bond ETF Cuts Dividend

The company 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. The ex-dividend date of this dividend 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.