Traders Sell Shares of iShares Short Treasury Bond ETF (SHV) on Strength (SHV)

Share on StockTwits

Investors sold shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) on strength during trading hours on Wednesday. $29.89 million flowed into the stock on the tick-up and $90.66 million flowed out of the stock on the tick-down, for a money net flow of $60.77 million out of the stock. Of all stocks tracked, iShares Short Treasury Bond ETF had the 20th highest net out-flow for the day. iShares Short Treasury Bond ETF traded up $0.02 for the day and closed at $110.29

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, November 7th. Investors of record on Friday, November 2nd will be paid a $0.1864 dividend. This represents a $2.24 dividend on an annualized basis and a yield of 2.03%. This is a boost from iShares Short Treasury Bond ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend is Thursday, November 1st.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Suntrust Banks Inc. grew its stake in iShares Short Treasury Bond ETF by 19.5% in the 1st quarter. Suntrust Banks Inc. now owns 3,260 shares of the company’s stock valued at $358,000 after acquiring an additional 533 shares during the last quarter. Private Capital Group LLC lifted its holdings in iShares Short Treasury Bond ETF by 151.6% in the 3rd quarter. Private Capital Group LLC now owns 999 shares of the company’s stock valued at $110,000 after purchasing an additional 602 shares in the last quarter. Lee Financial Co lifted its holdings in iShares Short Treasury Bond ETF by 24.0% in the 3rd quarter. Lee Financial Co now owns 3,404 shares of the company’s stock valued at $376,000 after purchasing an additional 659 shares in the last quarter. Keybank National Association OH lifted its holdings in iShares Short Treasury Bond ETF by 7.5% in the 2nd quarter. Keybank National Association OH now owns 10,466 shares of the company’s stock valued at $1,156,000 after purchasing an additional 730 shares in the last quarter. Finally, Synovus Financial Corp purchased a new position in iShares Short Treasury Bond ETF in the 2nd quarter valued at about $110,000.

ILLEGAL ACTIVITY WARNING: “Traders Sell Shares of iShares Short Treasury Bond ETF (SHV) on Strength (SHV)” was posted by Week Herald and is the sole property of of Week Herald. If you are viewing this news story on another domain, it was copied illegally and reposted in violation of US and international copyright legislation. The original version of this news story can be viewed at https://weekherald.com/2018/11/07/traders-sell-shares-of-ishares-short-treasury-bond-etf-shv-on-strength-shv.html.

About iShares Short Treasury Bond ETF (NASDAQ:SHV)

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.

Read More: How to use beta for portfolio diversification

Receive News & Ratings for iShares Short Treasury Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Short Treasury Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply