MML Investors Services LLC Grows Position in iShares Short Treasury Bond ETF $SHV

MML Investors Services LLC increased its position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 7.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 369,730 shares of the company’s stock after purchasing an additional 26,176 shares during the quarter. MML Investors Services LLC’s holdings in iShares Short Treasury Bond ETF were worth $40,726,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in SHV. Brown Advisory Inc. boosted its position in iShares Short Treasury Bond ETF by 0.9% in the 4th quarter. Brown Advisory Inc. now owns 11,282 shares of the company’s stock valued at $1,243,000 after buying an additional 96 shares during the period. Transamerica Financial Advisors LLC lifted its position in shares of iShares Short Treasury Bond ETF by 11.3% in the 4th quarter. Transamerica Financial Advisors LLC now owns 963 shares of the company’s stock worth $106,000 after purchasing an additional 98 shares during the period. Formidable Asset Management LLC lifted its position in shares of iShares Short Treasury Bond ETF by 1.5% in the 4th quarter. Formidable Asset Management LLC now owns 6,865 shares of the company’s stock worth $759,000 after purchasing an additional 100 shares during the period. Tower Research Capital LLC TRC raised its stake in shares of iShares Short Treasury Bond ETF by 0.3% during the 3rd quarter. Tower Research Capital LLC TRC now owns 38,862 shares of the company’s stock worth $4,294,000 after acquiring an additional 103 shares in the last quarter. Finally, Fortis Advisors LLC raised its stake in shares of iShares Short Treasury Bond ETF by 1.3% during the 4th quarter. Fortis Advisors LLC now owns 8,180 shares of the company’s stock worth $901,000 after acquiring an additional 106 shares in the last quarter. 7.10% of the stock is owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Trading Up 0.0%

NASDAQ SHV opened at $110.21 on Tuesday. The company has a 50 day moving average price of $110.23 and a 200 day moving average price of $110.24. iShares Short Treasury Bond ETF has a 52 week low of $110.02 and a 52 week 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.