UBS Group AG Decreases Stock Position in iShares Short Treasury Bond ETF $SHV

UBS Group AG reduced its position in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 16.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,809,401 shares of the company’s stock after selling 345,462 shares during the period. UBS Group AG’s holdings in iShares Short Treasury Bond ETF were worth $199,306,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the company. Core Wealth Partners LLC boosted its position in shares of iShares Short Treasury Bond ETF by 0.4% in the 3rd quarter. Core Wealth Partners LLC now owns 25,131 shares of the company’s stock worth $2,777,000 after purchasing an additional 97 shares in the last quarter. Formidable Asset Management LLC boosted its position in shares of iShares Short Treasury Bond ETF by 1.5% in the 4th quarter. Formidable Asset Management LLC now owns 6,865 shares of the company’s stock worth $759,000 after purchasing an additional 100 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in shares of iShares Short Treasury Bond ETF by 0.3% in the 3rd quarter. Tower Research Capital LLC TRC now owns 38,862 shares of the company’s stock worth $4,294,000 after purchasing an additional 103 shares in the last quarter. Spinnaker Investment Group LLC boosted its position in shares of iShares Short Treasury Bond ETF by 1.3% in the 4th quarter. Spinnaker Investment Group LLC now owns 8,960 shares of the company’s stock worth $987,000 after purchasing an additional 113 shares in the last quarter. Finally, Schrum Private Wealth Management LLC boosted its position in shares of iShares Short Treasury Bond ETF by 1.6% in the 3rd quarter. Schrum Private Wealth Management LLC now owns 7,541 shares of the company’s stock worth $833,000 after purchasing an additional 118 shares in the last quarter. 7.10% of the stock is owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Price Performance

Shares of SHV opened at $110.38 on Thursday. The business’s 50 day moving average price is $110.25 and its 200-day moving average price is $110.26. iShares Short Treasury Bond ETF has a 52 week low of $110.02 and a 52 week high of $110.50.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a $0.342 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a yield of 3.7%.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.