IFP Advisors Inc Has $8.03 Million Holdings in iShares Short Treasury Bond ETF $SHV

IFP Advisors Inc increased its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 37.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 72,891 shares of the company’s stock after acquiring an additional 19,918 shares during the quarter. IFP Advisors Inc’s holdings in iShares Short Treasury Bond ETF were worth $8,029,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of SHV. Bank of America Corp DE raised its holdings in iShares Short Treasury Bond ETF by 22.3% during the 2nd quarter. Bank of America Corp DE now owns 3,172,414 shares of the company’s stock worth $350,298,000 after purchasing an additional 579,074 shares during the last quarter. Maseco LLP bought a new stake in iShares Short Treasury Bond ETF during the 4th quarter worth about $37,518,000. Oakworth Capital Inc. raised its holdings in iShares Short Treasury Bond ETF by 47.0% during the 4th quarter. Oakworth Capital Inc. now owns 1,013,393 shares of the company’s stock worth $111,625,000 after purchasing an additional 324,227 shares during the last quarter. UBS Group AG raised its holdings 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 purchasing an additional 219,146 shares during the last quarter. Finally, Wealthfront Advisers LLC raised its holdings in iShares Short Treasury Bond ETF by 10.0% during the 3rd quarter. Wealthfront Advisers LLC now owns 1,960,677 shares of the company’s stock worth $216,635,000 after purchasing an additional 177,915 shares during the last quarter. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

Shares of NASDAQ:SHV opened at $110.27 on Wednesday. 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 price of $110.24 and a two-hundred day moving average price of $110.25.

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.