Principal Financial Group Inc. Cuts Stock Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Principal Financial Group Inc. trimmed its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 51.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,390 shares of the company’s stock after selling 10,050 shares during the period. Principal Financial Group Inc.’s holdings in iShares Short Treasury Bond ETF were worth $1,039,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. Rothschild Investment LLC purchased a new position in iShares Short Treasury Bond ETF during the second quarter valued at $40,000. Benjamin F. Edwards & Company Inc. bought a new stake in shares of iShares Short Treasury Bond ETF in the second quarter worth about $43,000. Massmutual Trust Co. FSB ADV purchased a new stake in shares of iShares Short Treasury Bond ETF in the second quarter worth about $48,000. Financial Gravity Asset Management Inc. boosted its stake in iShares Short Treasury Bond ETF by 1,323.5% during the second 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 last quarter. Finally, Abich Financial Wealth Management LLC grew its holdings in iShares Short Treasury Bond ETF by 56.9% during the 1st quarter. Abich Financial Wealth Management LLC now owns 590 shares of the company’s stock valued at $65,000 after buying an additional 214 shares in the last quarter. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Up 0.0 %

Shares of SHV opened at $110.41 on Friday. iShares Short Treasury Bond ETF has a 1 year low of $109.85 and a 1 year high of $110.64. The business’s 50 day simple moving average is $110.37 and its 200-day simple moving average is $110.33.

iShares Short Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a dividend of $0.4668 per share. This is an increase from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.47. The ex-dividend date was Friday, November 1st. This represents a $5.60 dividend on an annualized basis and a yield of 5.07%.

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.