Stifel Financial Corp Has $62.80 Million Stock Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Stifel Financial Corp lowered its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 4.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 570,367 shares of the company’s stock after selling 28,688 shares during the quarter. Stifel Financial Corp owned approximately 0.33% of iShares Short Treasury Bond ETF worth $62,804,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. World Investment Advisors LLC raised its position in iShares Short Treasury Bond ETF by 4.7% during the third quarter. World Investment Advisors LLC now owns 10,719 shares of the company’s stock valued at $1,186,000 after buying an additional 482 shares during the period. Destination Wealth Management grew its stake in iShares Short Treasury Bond ETF by 0.9% during the 3rd quarter. Destination Wealth Management now owns 10,667 shares of the company’s stock valued at $1,180,000 after acquiring an additional 100 shares in the last quarter. Beaird Harris Wealth Management LLC increased its holdings in shares of iShares Short Treasury Bond ETF by 580.5% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 1,674 shares of the company’s stock valued at $185,000 after purchasing an additional 1,428 shares during the period. Independent Solutions Wealth Management LLC increased its holdings in shares of iShares Short Treasury Bond ETF by 112.8% in the 3rd quarter. Independent Solutions Wealth Management LLC now owns 18,974 shares of the company’s stock valued at $2,099,000 after purchasing an additional 10,059 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in shares of iShares Short Treasury Bond ETF by 23.7% in the third quarter. JPMorgan Chase & Co. now owns 9,031,532 shares of the company’s stock worth $999,158,000 after purchasing an additional 1,732,399 shares in the last quarter. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Up 0.0 %

Shares of SHV opened at $110.36 on Wednesday. The company’s 50 day moving average price is $110.28 and its 200 day moving average price is $110.28. iShares Short Treasury Bond ETF has a 52 week low of $109.91 and a 52 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. Shareholders of record on Tuesday, April 1st were paid 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.