Allred Capital Management LLC Has $24.66 Million Stake in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Allred Capital Management LLC decreased its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 5.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 223,937 shares of the company’s stock after selling 12,240 shares during the period. iShares Short Treasury Bond ETF accounts for 9.5% of Allred Capital Management LLC’s portfolio, making the stock its largest position. Allred Capital Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $24,658,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its holdings in shares of 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 purchasing an additional 1,732,399 shares during the period. Proficio Capital Partners LLC boosted its holdings 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 valued at $647,964,000 after acquiring an additional 5,849,641 shares in the last quarter. FMR LLC increased its stake in shares of iShares Short Treasury Bond ETF by 152.1% during the fourth quarter. FMR LLC now owns 5,217,524 shares of the company’s stock valued at $574,502,000 after acquiring an additional 3,147,534 shares during the period. Wells Fargo & Company MN increased its stake in shares of iShares Short Treasury Bond ETF by 3.7% during the fourth quarter. Wells Fargo & Company MN now owns 3,850,840 shares of the company’s stock valued at $424,016,000 after acquiring an additional 137,455 shares during the period. Finally, LPL Financial LLC raised its holdings in iShares Short Treasury Bond ETF by 6.8% during the fourth quarter. LPL Financial LLC now owns 1,907,963 shares of the company’s stock worth $210,086,000 after purchasing an additional 120,706 shares in the last quarter. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

Shares of iShares Short Treasury Bond ETF stock opened at $110.34 on Friday. The business has a fifty day simple moving average of $110.27 and a 200-day simple moving average of $110.27. 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 Friday, April 4th. Stockholders of record on Tuesday, April 1st were given a dividend of $0.3836 per share. This represents a $4.60 dividend on an annualized basis and a dividend yield of 4.17%. The ex-dividend date of this dividend was Tuesday, April 1st.

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.