Sierra Legacy Group Lowers Position in iShares Short Treasury Bond ETF $SHV

Sierra Legacy Group reduced its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 4.9% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 195,143 shares of the company’s stock after selling 9,948 shares during the quarter. iShares Short Treasury Bond ETF accounts for approximately 15.8% of Sierra Legacy Group’s portfolio, making the stock its largest holding. Sierra Legacy Group owned 0.11% of iShares Short Treasury Bond ETF worth $21,495,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Brighton Jones LLC purchased a new position in iShares Short Treasury Bond ETF in the fourth quarter valued at about $572,000. Revolve Wealth Partners LLC bought a new stake in shares of iShares Short Treasury Bond ETF in the 4th quarter worth approximately $388,000. Baird Financial Group Inc. lifted its stake in iShares Short Treasury Bond ETF by 59.3% in the second quarter. Baird Financial Group Inc. now owns 17,558 shares of the company’s stock valued at $1,939,000 after purchasing an additional 6,533 shares during the last quarter. Seaview Investment Managers LLC purchased a new position in iShares Short Treasury Bond ETF in the second quarter valued at approximately $324,000. Finally, StoneX Group Inc. grew its holdings in iShares Short Treasury Bond ETF by 21.7% during the second quarter. StoneX Group Inc. now owns 35,268 shares of the company’s stock valued at $3,894,000 after purchasing an additional 6,286 shares during the period. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

NASDAQ:SHV opened at $110.13 on Friday. The business has a fifty day simple moving average of $110.25 and a two-hundred day simple moving average of $110.27. iShares Short Treasury Bond ETF has a 1 year low of $110.02 and a 1 year high of $110.50.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently declared 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. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, February 2nd.

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