Paragon Capital Management Inc. Sells 5,228 Shares of iShares Short Treasury Bond ETF $SHV

Paragon Capital Management Inc. lowered its stake in shares of iShares Short Treasury Bond ETF (NYSE:SHV) by 6.4% in the 3rd quarter, HoldingsChannel reports. The firm owned 76,548 shares of the company’s stock after selling 5,228 shares during the quarter. iShares Short Treasury Bond ETF accounts for 6.1% of Paragon Capital Management Inc.’s portfolio, making the stock its 2nd biggest position. Paragon Capital Management Inc.’s holdings in iShares Short Treasury Bond ETF were worth $8,445,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Bank of New Hampshire purchased a new position in iShares Short Treasury Bond ETF in the third quarter valued at approximately $28,000. Mather Group LLC. increased its position in iShares Short Treasury Bond ETF by 2,536.4% in the third quarter. Mather Group LLC. now owns 290 shares of the company’s stock worth $32,000 after buying an additional 279 shares during the last quarter. Evergreen Advisors LLC purchased a new stake in iShares Short Treasury Bond ETF in the first quarter worth $43,000. C M Bidwell & Associates Ltd. purchased a new stake in iShares Short Treasury Bond ETF in the second quarter worth $58,000. Finally, Bessemer Group Inc. bought a new stake in shares of iShares Short Treasury Bond ETF in the first quarter valued at $76,000. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

Shares of SHV opened at $110.20 on Friday. iShares Short Treasury Bond ETF has a 1 year low of $109.86 and a 1 year high of $110.50. The stock’s fifty day moving average price is $110.20 and its two-hundred day moving average price is $110.22.

iShares Short Treasury Bond ETF Company 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.