OLD National Bancorp IN Cuts Stock Holdings in iShares Short Treasury Bond ETF $SHV

OLD National Bancorp IN trimmed its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 49.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 23,152 shares of the company’s stock after selling 22,760 shares during the period. OLD National Bancorp IN’s holdings in iShares Short Treasury Bond ETF were worth $2,550,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of SHV. Brighton Jones LLC purchased a new stake in shares of iShares Short Treasury Bond ETF during the 4th quarter worth approximately $572,000. Revolve Wealth Partners LLC purchased a new stake in shares of iShares Short Treasury Bond ETF during the 4th quarter worth approximately $388,000. Baird Financial Group Inc. raised its holdings in shares of iShares Short Treasury Bond ETF by 59.3% during the 2nd quarter. Baird Financial Group Inc. now owns 17,558 shares of the company’s stock worth $1,939,000 after acquiring an additional 6,533 shares in the last quarter. Raymond James Financial Inc. raised its holdings in shares of iShares Short Treasury Bond ETF by 11.3% during the 2nd quarter. Raymond James Financial Inc. now owns 1,576,192 shares of the company’s stock worth $174,043,000 after acquiring an additional 160,138 shares in the last quarter. Finally, Camarda Financial Advisors LLC raised its holdings in shares of iShares Short Treasury Bond ETF by 4.2% during the 2nd quarter. Camarda Financial Advisors LLC now owns 40,071 shares of the company’s stock worth $4,425,000 after acquiring an additional 1,599 shares in the last quarter. 7.10% of the stock is owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Stock Up 0.0%

Shares of SHV opened at $110.32 on Friday. iShares Short Treasury Bond ETF has a 1 year low of $110.02 and a 1 year high of $110.50. The business’s 50 day simple moving average is $110.25 and its 200-day simple moving average is $110.26.

iShares Short Treasury Bond ETF Cuts Dividend

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

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.