Sugar Maple Asset Management LLC Cuts Stock Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Sugar Maple Asset Management LLC trimmed its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 9.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,784 shares of the company’s stock after selling 304 shares during the period. Sugar Maple Asset Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $308,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Patten & Patten Inc. TN purchased a new stake in shares of iShares Short Treasury Bond ETF during the first quarter worth approximately $235,000. Jacobi Capital Management LLC lifted its stake in shares of iShares Short Treasury Bond ETF by 5.0% in the first quarter. Jacobi Capital Management LLC now owns 7,380 shares of the company’s stock worth $816,000 after buying an additional 352 shares in the last quarter. Karpus Management Inc. boosted its position in iShares Short Treasury Bond ETF by 70.2% during the first quarter. Karpus Management Inc. now owns 23,000 shares of the company’s stock worth $2,542,000 after acquiring an additional 9,490 shares during the last quarter. Leelyn Smith LLC grew its stake in iShares Short Treasury Bond ETF by 10.8% during the 1st quarter. Leelyn Smith LLC now owns 3,108 shares of the company’s stock valued at $344,000 after acquiring an additional 302 shares in the last quarter. Finally, Mattern Capital Management LLC raised its holdings in iShares Short Treasury Bond ETF by 3.0% in the 1st quarter. Mattern Capital Management LLC now owns 3,663 shares of the company’s stock valued at $405,000 after acquiring an additional 106 shares during 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 $110.31 on Friday. The stock’s 50 day simple moving average is $110.37 and its 200-day simple moving average is $110.32. iShares Short Treasury Bond ETF has a 1-year low of $109.85 and a 1-year high of $110.64.

iShares Short Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a dividend of $0.4668 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $5.60 dividend on an annualized basis and a yield of 5.08%. This is a positive change from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.47.

iShares Short Treasury Bond ETF 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.