Chesapeake Wealth Management Invests $570,000 in iShares Short Treasury Bond ETF $SHV

Chesapeake Wealth Management bought a new stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,164 shares of the company’s stock, valued at approximately $570,000.

Other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC purchased a new stake in iShares Short Treasury Bond ETF during the 4th quarter worth $572,000. Revolve Wealth Partners LLC acquired a new position in iShares Short Treasury Bond ETF in the 4th quarter worth $388,000. Baird Financial Group Inc. boosted its position in iShares Short Treasury Bond ETF by 59.3% in the 2nd quarter. Baird Financial Group Inc. now owns 17,558 shares of the company’s stock valued at $1,939,000 after buying an additional 6,533 shares during the last quarter. Raymond James Financial Inc. boosted its position in iShares Short Treasury Bond ETF by 11.3% in the 2nd quarter. Raymond James Financial Inc. now owns 1,576,192 shares of the company’s stock valued at $174,043,000 after buying an additional 160,138 shares during the last quarter. Finally, Camarda Financial Advisors LLC grew its stake in shares of iShares Short Treasury Bond ETF by 4.2% during the second quarter. Camarda Financial Advisors LLC now owns 40,071 shares of the company’s stock valued at $4,425,000 after acquiring an additional 1,599 shares in the last quarter. 7.10% of the stock is owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Stock Performance

Shares of iShares Short Treasury Bond ETF stock opened at $110.36 on Thursday. iShares Short Treasury Bond ETF has a 1-year low of $110.02 and a 1-year high of $110.50. The business has a 50-day moving average of $110.22 and a 200-day moving average of $110.24.

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.