TFC Financial Management Inc. Sells 1,926 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

TFC Financial Management Inc. reduced its position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 48.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,025 shares of the company’s stock after selling 1,926 shares during the period. TFC Financial Management Inc.’s holdings in iShares Short Treasury Bond ETF were worth $223,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in SHV. Trilogy Capital Inc. boosted its holdings in iShares Short Treasury Bond ETF by 1.5% in the third quarter. Trilogy Capital Inc. now owns 6,326 shares of the company’s stock valued at $700,000 after acquiring an additional 92 shares during the last quarter. Fortis Advisors LLC lifted its stake in iShares Short Treasury Bond ETF by 1.3% in the third quarter. Fortis Advisors LLC now owns 7,736 shares of the company’s stock valued at $856,000 after buying an additional 99 shares during the period. Destination Wealth Management lifted its stake in iShares Short Treasury Bond ETF by 0.9% in the third quarter. Destination Wealth Management now owns 10,667 shares of the company’s stock valued at $1,180,000 after buying an additional 100 shares during the period. KWB Wealth lifted its stake in iShares Short Treasury Bond ETF by 1.3% in the fourth quarter. KWB Wealth now owns 8,531 shares of the company’s stock valued at $944,000 after buying an additional 110 shares during the period. Finally, Gladstone Institutional Advisory LLC lifted its stake in iShares Short Treasury Bond ETF by 2.2% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 5,039 shares of the company’s stock valued at $555,000 after buying an additional 110 shares during the period. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Price Performance

Shares of SHV opened at $110.20 on Thursday. iShares Short Treasury Bond ETF has a 52-week low of $109.91 and a 52-week high of $110.64. The business’s 50 day moving average price is $110.22 and its two-hundred day moving average price is $110.31.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a $0.4033 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.