Foundations Investment Advisors LLC Sells 48,480 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Foundations Investment Advisors LLC cut its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 10.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 415,611 shares of the company’s stock after selling 48,480 shares during the period. iShares Short Treasury Bond ETF accounts for 0.9% of Foundations Investment Advisors LLC’s portfolio, making the stock its 27th largest holding. Foundations Investment Advisors LLC owned 0.24% of iShares Short Treasury Bond ETF worth $45,763,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Benjamin F. Edwards & Company Inc. bought a new stake in shares of iShares Short Treasury Bond ETF during the 2nd quarter valued at $43,000. MidAtlantic Capital Management Inc. bought a new stake in shares of iShares Short Treasury Bond ETF during the 3rd quarter valued at $48,000. Glass Jacobson Investment Advisors llc raised its position in shares of iShares Short Treasury Bond ETF by 55.5% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 454 shares of the company’s stock valued at $50,000 after purchasing an additional 162 shares during the period. Bristlecone Advisors LLC bought a new stake in shares of iShares Short Treasury Bond ETF during the 3rd quarter valued at $83,000. Finally, Beaird Harris Wealth Management LLC grew its stake in iShares Short Treasury Bond ETF by 580.5% during the third quarter. Beaird Harris Wealth Management LLC now owns 1,674 shares of the company’s stock valued at $185,000 after acquiring an additional 1,428 shares in the last quarter. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Stock Up 0.0 %

SHV opened at $110.43 on Monday. The company has a fifty day moving average of $110.23 and a 200 day moving average of $110.32. iShares Short Treasury Bond ETF has a fifty-two week low of $109.91 and a fifty-two week high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a dividend of $0.4268 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $5.12 annualized dividend and a yield of 4.64%.

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.