IFP Advisors Inc Boosts Position in iShares Short Treasury Bond ETF $SHV

IFP Advisors Inc boosted its holdings in iShares Short Treasury Bond ETF (NYSE:SHV) by 9.2% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 64,258 shares of the company’s stock after purchasing an additional 5,388 shares during the quarter. IFP Advisors Inc’s holdings in iShares Short Treasury Bond ETF were worth $7,091,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in SHV. Bank of America Corp DE lifted its position in shares of iShares Short Treasury Bond ETF by 0.7% during the 3rd quarter. Bank of America Corp DE now owns 3,195,036 shares of the company’s stock worth $353,020,000 after buying an additional 22,622 shares during the last quarter. LPL Financial LLC grew its position in shares of iShares Short Treasury Bond ETF by 18.6% in the 4th quarter. LPL Financial LLC now owns 3,063,342 shares of the company’s stock valued at $337,427,000 after buying an additional 479,397 shares during the last quarter. UBS Group AG raised its stake in iShares Short Treasury Bond ETF by 11.3% during the 3rd quarter. UBS Group AG now owns 2,154,863 shares of the company’s stock worth $238,091,000 after acquiring an additional 219,146 shares in the last quarter. Wealthfront Advisers LLC raised its stake in iShares Short Treasury Bond ETF by 26.6% during the 1st quarter. Wealthfront Advisers LLC now owns 2,048,039 shares of the company’s stock worth $226,083,000 after acquiring an additional 430,574 shares in the last quarter. Finally, Raymond James Financial Inc. raised its stake in 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. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Price Performance

Shares of SHV opened at $110.14 on Thursday. iShares Short Treasury Bond ETF has a 1-year low of $110.02 and a 1-year high of $110.50. The firm has a fifty day moving average price of $110.21 and a 200 day moving average price of $110.23.

iShares Short Treasury Bond ETF 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.