MAI Capital Management Has $4.83 Million Position in iShares Short Treasury Bond ETF $SHV

MAI Capital Management lessened its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 10.8% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 43,733 shares of the company’s stock after selling 5,270 shares during the quarter. MAI Capital Management’s holdings in iShares Short Treasury Bond ETF were worth $4,829,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. 17 Capital Partners LLC bought a new position in iShares Short Treasury Bond ETF in the 2nd quarter valued at about $565,000. NFP Retirement Inc. grew its position in shares of iShares Short Treasury Bond ETF by 45.3% in the second quarter. NFP Retirement Inc. now owns 1,245,522 shares of the company’s stock valued at $137,531,000 after purchasing an additional 388,096 shares during the last quarter. Traub Capital Management LLC bought a new position in shares of iShares Short Treasury Bond ETF during the second quarter worth approximately $119,000. Adaptive Financial Consulting LLC increased its stake in shares of iShares Short Treasury Bond ETF by 4.3% during the second quarter. Adaptive Financial Consulting LLC now owns 65,384 shares of the company’s stock worth $7,220,000 after purchasing an additional 2,694 shares during the period. Finally, Slagle Financial LLC acquired a new stake in iShares Short Treasury Bond ETF during the 2nd quarter worth approximately $330,000. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

SHV opened at $110.38 on Friday. The business has a fifty day simple moving average of $110.32 and a 200 day simple moving average of $110.29. iShares Short Treasury Bond ETF has a 1 year low of $109.91 and a 1 year high of $110.51.

iShares Short Treasury Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were given a $0.3705 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Monday, November 3rd.

iShares Short Treasury Bond ETF 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.