Ridgewood Investments LLC Sells 4,794 Shares of iShares Short Treasury Bond ETF $SHV

Ridgewood Investments LLC decreased its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 9.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 43,779 shares of the company’s stock after selling 4,794 shares during the quarter. iShares Short Treasury Bond ETF makes up approximately 2.0% of Ridgewood Investments LLC’s portfolio, making the stock its 4th biggest position. Ridgewood Investments LLC’s holdings in iShares Short Treasury Bond ETF were worth $4,837,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Brighton Jones LLC purchased a new position in shares of iShares Short Treasury Bond ETF in the 4th quarter worth $572,000. Revolve Wealth Partners LLC purchased a new stake in shares of iShares Short Treasury Bond ETF in the 4th quarter valued at approximately $388,000. Park Avenue Securities LLC increased its holdings in iShares Short Treasury Bond ETF by 19.0% in the second quarter. Park Avenue Securities LLC now owns 13,717 shares of the company’s stock worth $1,515,000 after buying an additional 2,187 shares during the last quarter. Perennial Advisors LLC grew its position in iShares Short Treasury Bond ETF by 11.0% in the second quarter. Perennial Advisors LLC now owns 11,826 shares of the company’s stock worth $1,306,000 after acquiring an additional 1,174 shares in the last quarter. Finally, Maridea Wealth Management LLC boosted its holdings in iShares Short Treasury Bond ETF by 14.6% in the second quarter. Maridea Wealth Management LLC now owns 2,879 shares of the company’s stock worth $318,000 after purchasing an additional 367 shares in the last quarter. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Price Performance

NASDAQ SHV opened at $110.34 on Friday. iShares Short Treasury Bond ETF has a twelve month low of $110.02 and a twelve month high of $110.51. The stock has a 50-day simple moving average of $110.24 and a 200 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 Wednesday, December 24th. Investors of record on Friday, December 19th were issued a dividend of $0.3569 per share. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend was Friday, December 19th.

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.