iShares Short Treasury Bond ETF $SHV Stock Position Lowered by Wealthspire Retirement LLC

Wealthspire Retirement LLC cut its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 26.9% during the first quarter, HoldingsChannel reports. The fund owned 1,034,731 shares of the company’s stock after selling 381,590 shares during the period. iShares Short Treasury Bond ETF comprises 6.8% of Wealthspire Retirement LLC’s holdings, making the stock its 2nd biggest position. Wealthspire Retirement LLC’s holdings in iShares Short Treasury Bond ETF were worth $114,224,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the business. Valpey Financial Services LLC increased its stake in iShares Short Treasury Bond ETF by 9,358.9% during the fourth quarter. Valpey Financial Services LLC now owns 628,449 shares of the company’s stock worth $69,224,000 after acquiring an additional 621,805 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of iShares Short Treasury Bond ETF by 22.3% in the 2nd quarter. Bank of America Corp DE now owns 3,172,414 shares of the company’s stock valued at $350,298,000 after purchasing an additional 579,074 shares during the last quarter. LPL Financial LLC lifted its stake in shares of iShares Short Treasury Bond ETF by 18.6% in the 4th 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 last quarter. Wealthfront Advisers LLC lifted its stake in shares of iShares Short Treasury Bond ETF by 26.6% in the 1st quarter. Wealthfront Advisers LLC now owns 2,048,039 shares of the company’s stock valued at $226,083,000 after purchasing an additional 430,574 shares during the last quarter. Finally, Maseco LLP purchased a new position in shares of iShares Short Treasury Bond ETF during the 4th quarter worth $37,518,000. 7.10% of the stock is currently owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Price Performance

Shares of NASDAQ:SHV opened at $110.27 on Thursday. The business has a 50-day moving average price of $110.21 and a 200 day moving average price of $110.24. iShares Short Treasury Bond ETF has a 12-month low of $110.02 and a 12-month high of $110.50.

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.