Richardson Financial Services Inc. Makes New Investment in iShares Short Treasury Bond ETF $SHV

Richardson Financial Services Inc. bought a new position in shares of iShares Short Treasury Bond ETF (NYSE:SHV) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 7,072 shares of the company’s stock, valued at approximately $780,000.

A number of other institutional investors have also added to or reduced their stakes in SHV. Royal Bank of Canada raised its holdings in shares of iShares Short Treasury Bond ETF by 53.4% in the 1st quarter. Royal Bank of Canada now owns 1,369,661 shares of the company’s stock valued at $151,197,000 after acquiring an additional 477,064 shares in the last quarter. Wealthfront Advisers LLC boosted its position in shares of 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 valued at $226,083,000 after acquiring an additional 430,574 shares during the last quarter. Park Avenue Securities LLC grew its holdings in shares of iShares Short Treasury Bond ETF by 368.4% during the third quarter. Park Avenue Securities LLC now owns 270,751 shares of the company’s stock worth $29,869,000 after purchasing an additional 212,953 shares in the last quarter. Norris Financial Group LLC purchased a new position in shares of iShares Short Treasury Bond ETF during the first quarter worth about $19,781,000. Finally, Fifth Third Bancorp grew its holdings in shares of iShares Short Treasury Bond ETF by 36,334.0% during the first quarter. Fifth Third Bancorp now owns 175,976 shares of the company’s stock worth $19,426,000 after purchasing an additional 175,493 shares in the last quarter. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Stock Up 0.0%

Shares of SHV opened at $110.08 on Thursday. The firm’s 50 day simple moving average is $110.21 and its 200 day simple moving average is $110.23. iShares Short Treasury Bond ETF has a 1-year low of $109.86 and a 1-year high of $110.46.

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.