Financial Management Network Inc. Decreases Stock Position in iShares Short Treasury Bond ETF $SHV

Financial Management Network Inc. decreased its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 10.1% during the 1st quarter, Holdings Channel.com reports. The firm owned 45,337 shares of the company’s stock after selling 5,089 shares during the period. Financial Management Network Inc.’s holdings in iShares Short Treasury Bond ETF were worth $4,995,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of SHV. Aegis Wealth Management LLC grew its holdings in iShares Short Treasury Bond ETF by 21.9% during the 4th quarter. Aegis Wealth Management LLC now owns 83,889 shares of the company’s stock worth $9,240,000 after acquiring an additional 15,082 shares in the last quarter. Savvy Advisors Inc. grew its stake in shares of iShares Short Treasury Bond ETF by 487.7% during the fourth quarter. Savvy Advisors Inc. now owns 12,088 shares of the company’s stock worth $1,332,000 after purchasing an additional 10,031 shares in the last quarter. CVA Family Office LLC grew its stake in shares of iShares Short Treasury Bond ETF by 28.4% during the fourth quarter. CVA Family Office LLC now owns 76,570 shares of the company’s stock worth $8,434,000 after purchasing an additional 16,927 shares in the last quarter. Private Advisory Group LLC increased its holdings in iShares Short Treasury Bond ETF by 308.3% in the fourth quarter. Private Advisory Group LLC now owns 20,397 shares of the company’s stock valued at $2,247,000 after buying an additional 15,401 shares during the last quarter. Finally, AdvisorNet Financial Inc increased its holdings in iShares Short Treasury Bond ETF by 4.0% in the fourth quarter. AdvisorNet Financial Inc now owns 153,207 shares of the company’s stock valued at $16,876,000 after buying an additional 5,921 shares during the last quarter. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

iShares Short Treasury Bond ETF stock opened at $110.26 on Tuesday. The stock’s fifty day moving average is $110.23 and its two-hundred day moving average is $110.23. iShares Short Treasury Bond ETF has a 1-year low of $110.02 and a 1-year high of $110.50.

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.