Citigroup Inc. Sells 15,519 Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV)

Citigroup Inc. reduced its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 20.6% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 59,850 shares of the company’s stock after selling 15,519 shares during the quarter. Citigroup Inc.’s holdings in iShares Short Treasury Bond ETF were worth $6,621,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of SHV. Transcend Capital Advisors LLC raised its stake in iShares Short Treasury Bond ETF by 17.9% in the second quarter. Transcend Capital Advisors LLC now owns 6,829 shares of the company’s stock valued at $755,000 after purchasing an additional 1,038 shares in the last quarter. Massmutual Trust Co. FSB ADV purchased a new stake in shares of iShares Short Treasury Bond ETF during the 2nd quarter valued at $48,000. Park Avenue Securities LLC lifted its holdings in shares of iShares Short Treasury Bond ETF by 7.2% during the 2nd quarter. Park Avenue Securities LLC now owns 7,667 shares of the company’s stock worth $847,000 after acquiring an additional 513 shares during the last quarter. CVA Family Office LLC grew its position in iShares Short Treasury Bond ETF by 22.1% in the second quarter. CVA Family Office LLC now owns 18,917 shares of the company’s stock worth $2,090,000 after acquiring an additional 3,420 shares in the last quarter. Finally, Fiduciary Alliance LLC increased its stake in iShares Short Treasury Bond ETF by 12.7% in the second quarter. Fiduciary Alliance LLC now owns 35,009 shares of the company’s stock valued at $3,853,000 after acquiring an additional 3,936 shares during the last quarter. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

NASDAQ SHV opened at $110.51 on Friday. The stock’s 50-day simple moving average is $110.37 and its two-hundred day simple moving average is $110.34. iShares Short Treasury Bond ETF has a twelve month low of $109.85 and a twelve month high of $110.64.

iShares Short Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a $0.4668 dividend. 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%.

iShares Short Treasury Bond ETF Company 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.