Financial Discovery Group Inc. Buys Shares of 22,887 iShares Short Treasury Bond ETF $SHV

Financial Discovery Group Inc. bought a new position in iShares Short Treasury Bond ETF (NASDAQ:SHV) in the first quarter, according to its most recent disclosure with the SEC. The firm bought 22,887 shares of the company’s stock, valued at approximately $2,526,000. iShares Short Treasury Bond ETF comprises approximately 5.9% of Financial Discovery Group Inc.’s portfolio, making the stock its 8th biggest position.

Several other institutional investors have also modified their holdings of SHV. Bank of America Corp DE boosted its position in shares of iShares Short Treasury Bond ETF by 0.7% during the 3rd quarter. Bank of America Corp DE now owns 3,195,036 shares of the company’s stock valued at $353,020,000 after acquiring an additional 22,622 shares during the last quarter. LPL Financial LLC grew its holdings in shares of 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 valued at $337,427,000 after purchasing an additional 479,397 shares during the period. UBS Group AG grew its holdings in shares of 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 purchasing an additional 219,146 shares during the period. Wealthfront Advisers LLC increased its position in iShares Short Treasury Bond ETF by 26.6% during the first quarter. Wealthfront Advisers LLC now owns 2,048,039 shares of the company’s stock worth $226,083,000 after purchasing an additional 430,574 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in iShares Short Treasury Bond ETF by 8.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,630,567 shares of the company’s stock worth $179,672,000 after purchasing an additional 126,707 shares during the period. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Up 0.0%

Shares of SHV stock opened at $110.25 on Friday. The firm’s 50-day moving average is $110.21 and its two-hundred day moving average is $110.23. iShares Short Treasury Bond ETF has a 12 month low of $110.02 and a 12 month high of $110.50.

iShares Short Treasury Bond ETF 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.