MGB Wealth Management LLC Sells 160 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

MGB Wealth Management LLC reduced its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 6.7% in the 1st quarter, HoldingsChannel reports. The firm owned 2,233 shares of the company’s stock after selling 160 shares during the quarter. MGB Wealth Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $247,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in SHV. Paulson Wealth Management Inc. grew its holdings in shares of iShares Short Treasury Bond ETF by 2.6% during the first quarter. Paulson Wealth Management Inc. now owns 90,074 shares of the company’s stock valued at $9,957,000 after buying an additional 2,268 shares during the last quarter. RIA Advisory Group LLC purchased a new stake in shares of iShares Short Treasury Bond ETF in the first quarter valued at about $2,027,000. Rehmann Capital Advisory Group lifted its position in shares of iShares Short Treasury Bond ETF by 4.6% during the first quarter. Rehmann Capital Advisory Group now owns 10,973 shares of the company’s stock valued at $1,213,000 after purchasing an additional 483 shares in the last quarter. Rinkey Investments boosted its holdings in iShares Short Treasury Bond ETF by 0.8% during the first quarter. Rinkey Investments now owns 12,853 shares of the company’s stock worth $1,421,000 after purchasing an additional 107 shares during the last quarter. Finally, Salomon & Ludwin LLC grew its position in iShares Short Treasury Bond ETF by 4.5% in the 1st quarter. Salomon & Ludwin LLC now owns 13,250 shares of the company’s stock worth $1,465,000 after purchasing an additional 574 shares in the last quarter. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

Shares of iShares Short Treasury Bond ETF stock traded up $0.07 during mid-day trading on Friday, hitting $110.28. 1,043,595 shares of the stock were exchanged, compared to its average volume of 2,390,380. iShares Short Treasury Bond ETF has a 12 month low of $109.85 and a 12 month high of $110.60. The company has a 50-day simple moving average of $110.26 and a 200 day simple moving average of $110.28.

iShares Short Treasury Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, July 5th. Shareholders of record on Monday, July 1st were given a $0.4662 dividend. The ex-dividend date was Monday, July 1st. This represents a $5.59 annualized dividend and a yield of 5.07%.

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.