Independent Financial Group LLC Takes Position in iShares Short Treasury Bond ETF $SHV

Independent Financial Group LLC bought a new stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) in the first quarter, Holdings Channel reports. The institutional investor bought 49,492 shares of the company’s stock, valued at approximately $5,463,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SHV. Evergreen Advisors LLC bought a new stake in iShares Short Treasury Bond ETF in the 1st quarter valued at $43,000. Wealthfront Advisers LLC lifted its holdings 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 worth $226,083,000 after acquiring an additional 430,574 shares during the period. D.A. Davidson & CO. lifted its holdings in shares of iShares Short Treasury Bond ETF by 48.9% during the 1st quarter. D.A. Davidson & CO. now owns 57,999 shares of the company’s stock worth $6,403,000 after acquiring an additional 19,051 shares during the period. Midwest Professional Planners LTD. lifted its holdings in shares of iShares Short Treasury Bond ETF by 9.7% during the 1st quarter. Midwest Professional Planners LTD. now owns 155,474 shares of the company’s stock worth $17,163,000 after acquiring an additional 13,748 shares during the period. Finally, Geneos Wealth Management Inc. boosted its position in shares of iShares Short Treasury Bond ETF by 79.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,560 shares of the company’s stock valued at $172,000 after acquiring an additional 693 shares in the last quarter. 7.10% of the stock is owned by institutional investors.

iShares Short Treasury Bond ETF Price Performance

NASDAQ SHV opened at $110.25 on Friday. The company’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 twelve month low of $110.02 and a twelve month high of $110.50.

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.