LM Advisors LLC Reduces Stake in iShares Short Treasury Bond ETF (NASDAQ:SHV)

LM Advisors LLC trimmed its position in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 0.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,508 shares of the company’s stock after selling 91 shares during the period. LM Advisors LLC’s holdings in iShares Short Treasury Bond ETF were worth $1,487,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in iShares Short Treasury Bond ETF by 23.7% during the third quarter. JPMorgan Chase & Co. now owns 9,031,532 shares of the company’s stock valued at $999,158,000 after acquiring an additional 1,732,399 shares during the last quarter. Proficio Capital Partners LLC grew its stake in shares of iShares Short Treasury Bond ETF by 16,685.1% in the fourth quarter. Proficio Capital Partners LLC now owns 5,884,700 shares of the company’s stock worth $647,964,000 after purchasing an additional 5,849,641 shares during the last quarter. FMR LLC increased its holdings in iShares Short Treasury Bond ETF by 337.6% during the 3rd quarter. FMR LLC now owns 2,069,990 shares of the company’s stock valued at $229,003,000 after purchasing an additional 1,596,924 shares during the period. LPL Financial LLC lifted its holdings in iShares Short Treasury Bond ETF by 6.8% in the 4th quarter. LPL Financial LLC now owns 1,907,963 shares of the company’s stock worth $210,086,000 after buying an additional 120,706 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in shares of iShares Short Treasury Bond ETF during the fourth quarter valued at approximately $123,698,000. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

SHV stock opened at $110.39 on Thursday. The business’s 50 day moving average price is $110.30 and its two-hundred day moving average price is $110.30. 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 firm also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.3579 dividend. The ex-dividend date was Monday, March 3rd.

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.