Woodmont Investment Counsel LLC Trims Stake in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Woodmont Investment Counsel LLC trimmed its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 7.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,553 shares of the company’s stock after selling 210 shares during the quarter. Woodmont Investment Counsel LLC’s holdings in iShares Short Treasury Bond ETF were worth $282,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SHV. Ameriprise Financial Inc. grew its position in iShares Short Treasury Bond ETF by 21.5% during the third quarter. Ameriprise Financial Inc. now owns 859,764 shares of the company’s stock worth $94,789,000 after buying an additional 151,924 shares in the last quarter. Laird Norton Trust Company LLC boosted its holdings in shares of iShares Short Treasury Bond ETF by 3.6% in the 3rd quarter. Laird Norton Trust Company LLC now owns 12,921 shares of the company’s stock worth $1,427,000 after purchasing an additional 452 shares in the last quarter. Key Client Fiduciary Advisors LLC purchased a new position in shares of iShares Short Treasury Bond ETF in the 3rd quarter worth about $211,000. JPMorgan Chase & Co. boosted its holdings in shares of iShares Short Treasury Bond ETF by 43.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,021,757 shares of the company’s stock worth $112,874,000 after purchasing an additional 309,933 shares in the last quarter. Finally, Royal Bank of Canada boosted its holdings in shares of iShares Short Treasury Bond ETF by 32.6% in the 3rd quarter. Royal Bank of Canada now owns 1,368,118 shares of the company’s stock worth $151,135,000 after purchasing an additional 335,992 shares in the last quarter. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Trading Up 0.0 %

SHV opened at $110.07 on Wednesday. The stock has a 50-day moving average price of $110.29 and a 200-day moving average price of $110.28. iShares Short Treasury Bond ETF has a 12-month low of $109.85 and a 12-month high of $110.60.

iShares Short Treasury Bond ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, July 5th. Stockholders of record on Monday, July 1st will be issued a $0.4662 dividend. This represents a $5.59 dividend on an annualized basis and a dividend yield of 5.08%. The ex-dividend date is Monday, July 1st.

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.