RMR Wealth Builders Lowers Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

RMR Wealth Builders reduced its position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 24.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,873 shares of the company’s stock after selling 919 shares during the quarter. RMR Wealth Builders’ holdings in iShares Short Treasury Bond ETF were worth $316,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of SHV. Benjamin F. Edwards & Company Inc. purchased a new stake in shares of iShares Short Treasury Bond ETF during the 2nd quarter valued at approximately $43,000. MidAtlantic Capital Management Inc. purchased a new stake in shares of iShares Short Treasury Bond ETF during the 3rd quarter worth $48,000. Glass Jacobson Investment Advisors llc lifted its position in iShares Short Treasury Bond ETF by 55.5% in the third quarter. Glass Jacobson Investment Advisors llc now owns 454 shares of the company’s stock valued at $50,000 after acquiring an additional 162 shares during the last quarter. Abich Financial Wealth Management LLC lifted its position in iShares Short Treasury Bond ETF by 21.7% in the second quarter. Abich Financial Wealth Management LLC now owns 718 shares of the company’s stock valued at $79,000 after acquiring an additional 128 shares during the last quarter. Finally, Bristlecone Advisors LLC purchased a new stake in iShares Short Treasury Bond ETF in the third quarter valued at $83,000. 7.10% of the stock is owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Stock Up 0.0 %

Shares of NASDAQ:SHV opened at $110.23 on Friday. The company has a 50-day simple moving average of $110.22 and a 200-day simple moving average of $110.31. iShares Short Treasury Bond ETF has a one year low of $109.91 and a one year high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a $0.4268 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $5.12 dividend on an annualized basis and a dividend yield of 4.65%.

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.