Thrivent Financial for Lutherans Has $271,000 Stake in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Thrivent Financial for Lutherans reduced its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 58.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 2,460 shares of the company’s stock after selling 3,446 shares during the quarter. Thrivent Financial for Lutherans’ holdings in iShares Short Treasury Bond ETF were worth $271,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SHV. Leelyn Smith LLC grew its position in shares of iShares Short Treasury Bond ETF by 10.1% during the 4th quarter. Leelyn Smith LLC now owns 4,555 shares of the company’s stock worth $502,000 after buying an additional 417 shares during the period. Argent Advisors Inc. grew its holdings in iShares Short Treasury Bond ETF by 96.1% during the fourth quarter. Argent Advisors Inc. now owns 19,068 shares of the company’s stock valued at $2,100,000 after purchasing an additional 9,342 shares during the period. Arrien Investments Inc. bought a new stake in iShares Short Treasury Bond ETF in the fourth quarter valued at approximately $2,999,000. GWN Securities Inc. acquired a new stake in iShares Short Treasury Bond ETF in the fourth quarter worth $2,155,000. Finally, Harbour Investments Inc. boosted its position in shares of iShares Short Treasury Bond ETF by 44.0% during the fourth quarter. Harbour Investments Inc. now owns 1,106 shares of the company’s stock worth $122,000 after purchasing an additional 338 shares in the last quarter. 7.10% of the stock is owned by institutional investors.

iShares Short Treasury Bond ETF Stock Performance

SHV opened at $110.17 on Friday. The company has a fifty day simple moving average of $110.28 and a 200 day simple moving average of $110.29. iShares Short Treasury Bond ETF has a 12 month low of $109.91 and a 12 month high of $110.64.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st were given a dividend of $0.3836 per share. This represents a $4.60 dividend on an annualized basis and a dividend yield of 4.18%. The ex-dividend date was Tuesday, April 1st.

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.