Focus Partners Wealth Buys 144,443 Shares of iShares Short Treasury Bond ETF $SHV

Focus Partners Wealth grew its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 65.6% during the 4th quarter, HoldingsChannel reports. The fund owned 364,699 shares of the company’s stock after purchasing an additional 144,443 shares during the quarter. Focus Partners Wealth’s holdings in iShares Short Treasury Bond ETF were worth $40,172,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. JPL Wealth Management LLC bought a new stake in iShares Short Treasury Bond ETF in the third quarter worth $26,000. Godfrey Financial Associates Inc. bought a new position in shares of iShares Short Treasury Bond ETF during the fourth quarter valued at $35,000. LFA Lugano Financial Advisors SA bought a new position in shares of iShares Short Treasury Bond ETF during the fourth quarter valued at $39,000. International Assets Investment Management LLC bought a new position in shares of iShares Short Treasury Bond ETF during the fourth quarter valued at $43,000. Finally, Simplex Trading LLC lifted its holdings in shares of iShares Short Treasury Bond ETF by 271.0% during the fourth quarter. Simplex Trading LLC now owns 397 shares of the company’s stock valued at $44,000 after purchasing an additional 290 shares in the last quarter. 7.10% of the stock is owned by institutional investors.

iShares Short Treasury Bond ETF Stock Up 0.0%

Shares of NASDAQ:SHV opened at $110.21 on Tuesday. iShares Short Treasury Bond ETF has a 1 year low of $110.02 and a 1 year high of $110.50. The stock’s fifty day moving average price is $110.23 and its 200-day moving average price is $110.24.

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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.