Wealthfront Advisers LLC Buys 430,574 Shares of iShares Short Treasury Bond ETF $SHV

Wealthfront Advisers LLC increased its position in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 26.6% during the 1st quarter, Holdings Channel reports. The institutional investor owned 2,048,039 shares of the company’s stock after purchasing an additional 430,574 shares during the period. iShares Short Treasury Bond ETF makes up 0.5% of Wealthfront Advisers LLC’s holdings, making the stock its 29th biggest holding. Wealthfront Advisers LLC’s holdings in iShares Short Treasury Bond ETF were worth $226,083,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its stake in shares of iShares Short Treasury Bond ETF by 0.7% during the third quarter. Bank of America Corp DE now owns 3,195,036 shares of the company’s stock valued at $353,020,000 after buying an additional 22,622 shares during the period. LPL Financial LLC lifted its stake in iShares Short Treasury Bond ETF by 18.6% in the fourth quarter. LPL Financial LLC now owns 3,063,342 shares of the company’s stock worth $337,427,000 after acquiring an additional 479,397 shares during the period. UBS Group AG boosted its holdings in iShares Short Treasury Bond ETF by 11.3% in the third quarter. UBS Group AG now owns 2,154,863 shares of the company’s stock valued at $238,091,000 after acquiring an additional 219,146 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in iShares Short Treasury Bond ETF by 8.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,630,567 shares of the company’s stock valued at $179,672,000 after acquiring an additional 126,707 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in iShares Short Treasury Bond ETF by 11.3% in the second quarter. Raymond James Financial Inc. now owns 1,576,192 shares of the company’s stock valued at $174,043,000 after acquiring an additional 160,138 shares in the last quarter. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Price Performance

Shares of iShares Short Treasury Bond ETF stock opened at $110.21 on Thursday. iShares Short Treasury Bond ETF has a 12-month low of $110.02 and a 12-month high of $110.50. The company’s fifty day simple moving average is $110.21 and its two-hundred day simple moving average is $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.