Oakworth Capital Inc. Trims Stock Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Oakworth Capital Inc. decreased its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 86.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,830 shares of the company’s stock after selling 248,927 shares during the quarter. Oakworth Capital Inc.’s holdings in iShares Short Treasury Bond ETF were worth $4,296,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the stock. Diversify Advisory Services LLC bought a new position in shares of iShares Short Treasury Bond ETF in the first quarter valued at approximately $2,047,000. Karpus Management Inc. boosted its holdings in iShares Short Treasury Bond ETF by 70.2% in the 1st quarter. Karpus Management Inc. now owns 23,000 shares of the company’s stock valued at $2,542,000 after purchasing an additional 9,490 shares during the period. Quattro Financial Advisors LLC grew its position in shares of iShares Short Treasury Bond ETF by 57,517.3% during the 1st quarter. Quattro Financial Advisors LLC now owns 63,379 shares of the company’s stock valued at $7,006,000 after purchasing an additional 63,269 shares in the last quarter. Daymark Wealth Partners LLC increased its holdings in shares of iShares Short Treasury Bond ETF by 7.6% in the third quarter. Daymark Wealth Partners LLC now owns 2,467 shares of the company’s stock worth $273,000 after purchasing an additional 174 shares during the period. Finally, Ascent Group LLC raised its position in shares of iShares Short Treasury Bond ETF by 1.2% in the first quarter. Ascent Group LLC now owns 14,558 shares of the company’s stock worth $1,609,000 after buying an additional 172 shares in the last quarter. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

NASDAQ:SHV opened at $110.44 on Tuesday. The stock has a fifty day moving average of $110.39 and a 200 day moving average of $110.32. iShares Short Treasury Bond ETF has a 52-week low of $109.85 and a 52-week high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.4755 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.