Mader & Shannon Wealth Management Inc. Sells 26,094 Shares of iShares Short Treasury Bond ETF $SHV

Mader & Shannon Wealth Management Inc. decreased its stake in iShares Short Treasury Bond ETF (NYSE:SHV) by 34.0% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 50,648 shares of the company’s stock after selling 26,094 shares during the period. iShares Short Treasury Bond ETF makes up 2.3% of Mader & Shannon Wealth Management Inc.’s investment portfolio, making the stock its 14th biggest position. Mader & Shannon Wealth Management Inc.’s holdings in iShares Short Treasury Bond ETF were worth $5,587,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Wealthfront Advisers LLC lifted its stake in shares of iShares Short Treasury Bond ETF by 26.6% in the first 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 during the period. Royal Bank of Canada increased its position in iShares Short Treasury Bond ETF by 53.4% during the 1st quarter. Royal Bank of Canada now owns 1,369,661 shares of the company’s stock valued at $151,197,000 after purchasing an additional 477,064 shares during the period. Townsend & Associates Inc increased its position in iShares Short Treasury Bond ETF by 1.7% during the 3rd quarter. Townsend & Associates Inc now owns 675,862 shares of the company’s stock valued at $74,514,000 after purchasing an additional 11,422 shares during the period. Oakworth Capital Inc. raised its holdings in iShares Short Treasury Bond ETF by 2.7% during the 3rd quarter. Oakworth Capital Inc. now owns 626,853 shares of the company’s stock worth $69,154,000 after purchasing an additional 16,272 shares during the last quarter. Finally, Financial Consulate Inc. raised its holdings in iShares Short Treasury Bond ETF by 5.8% during the 2nd quarter. Financial Consulate Inc. now owns 347,758 shares of the company’s stock worth $38,375,000 after purchasing an additional 19,042 shares during the last quarter. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Up 0.0%

Shares of NYSE SHV traded up $0.04 during midday trading on Friday, reaching $110.14. The stock had a trading volume of 3,446,671 shares, compared to its average volume of 3,047,998. The company’s 50 day moving average price is $110.20 and its 200 day moving average price is $110.23. iShares Short Treasury Bond ETF has a twelve month low of $109.86 and a twelve month high of $110.46.

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.