Navigate Wealth Management LLC Takes $1.04 Million Position in iShares Short Treasury Bond ETF $SHV

Navigate Wealth Management LLC purchased a new position in iShares Short Treasury Bond ETF (NASDAQ:SHV) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,475 shares of the company’s stock, valued at approximately $1,045,000. iShares Short Treasury Bond ETF makes up about 0.7% of Navigate Wealth Management LLC’s holdings, making the stock its 27th biggest position.

A number of other large investors also recently modified their holdings of the company. JPL Wealth Management LLC purchased a new stake in iShares Short Treasury Bond ETF in the 3rd quarter worth approximately $26,000. Godfrey Financial Associates Inc. purchased a new position in shares of iShares Short Treasury Bond ETF during the 4th quarter valued at $35,000. LFA Lugano Financial Advisors SA purchased a new position in shares of iShares Short Treasury Bond ETF during the 4th quarter valued at $39,000. International Assets Investment Management LLC bought a new position in shares of iShares Short Treasury Bond ETF in the fourth quarter worth $43,000. Finally, Simplex Trading LLC increased its holdings in shares of iShares Short Treasury Bond ETF by 271.0% in the fourth quarter. Simplex Trading LLC now owns 397 shares of the company’s stock worth $44,000 after purchasing an additional 290 shares during the period. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Price Performance

NASDAQ:SHV opened at $110.16 on Monday. iShares Short Treasury Bond ETF has a 52-week low of $110.02 and a 52-week high of $110.50. The stock has a fifty day moving average of $110.21 and a 200 day moving average of $110.23.

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.