Sequoia Financial Advisors LLC Has $4.10 Million Holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Sequoia Financial Advisors LLC trimmed its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 24.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,077 shares of the company’s stock after selling 12,063 shares during the period. Sequoia Financial Advisors LLC’s holdings in iShares Short Treasury Bond ETF were worth $4,102,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. J.Safra Asset Management Corp increased its holdings in iShares Short Treasury Bond ETF by 78.6% during the 1st quarter. J.Safra Asset Management Corp now owns 250 shares of the company’s stock valued at $28,000 after purchasing an additional 110 shares in the last quarter. Rothschild Investment LLC acquired a new stake in iShares Short Treasury Bond ETF during the 2nd quarter valued at $40,000. Benjamin F. Edwards & Company Inc. acquired a new stake in iShares Short Treasury Bond ETF during the 2nd quarter valued at $43,000. Massmutual Trust Co. FSB ADV acquired a new stake in iShares Short Treasury Bond ETF during the 2nd quarter valued at $48,000. Finally, Financial Gravity Asset Management Inc. increased its stake in shares of iShares Short Treasury Bond ETF by 1,323.5% in the 2nd quarter. Financial Gravity Asset Management Inc. now owns 484 shares of the company’s stock valued at $53,000 after buying an additional 450 shares during the period. 7.10% of the stock is owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Price Performance

Shares of SHV opened at $110.43 on Thursday. The stock’s fifty day simple moving average is $110.39 and its 200-day simple moving average is $110.32. iShares Short Treasury Bond ETF has a 12-month low of $109.85 and a 12-month high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Shareholders 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.