Chesapeake Capital Corp IL Invests $3.56 Million in iShares Short Treasury Bond ETF $SHV

Chesapeake Capital Corp IL acquired a new position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 32,300 shares of the company’s stock, valued at approximately $3,558,000. iShares Short Treasury Bond ETF comprises 3.0% of Chesapeake Capital Corp IL’s portfolio, making the stock its 2nd largest position.

Several other institutional investors have also made changes to their positions in the stock. Bank of America Corp DE boosted its stake in shares of iShares Short Treasury Bond ETF by 0.7% in 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. UBS Group AG boosted its stake 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 buying an additional 219,146 shares during the period. Wealthfront Advisers LLC boosted its stake in shares of iShares Short Treasury Bond ETF by 10.0% in the third quarter. Wealthfront Advisers LLC now owns 1,960,677 shares of the company’s stock valued at $216,635,000 after buying an additional 177,915 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in shares of 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 buying an additional 126,707 shares during the period. Finally, Raymond James Financial Inc. boosted its stake in shares of 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 buying an additional 160,138 shares during the period. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Trading Up 0.0%

Shares of SHV stock opened at $110.18 on Friday. The stock has a 50 day simple moving average of $110.24 and a 200 day simple moving average of $110.26. iShares Short Treasury Bond ETF has a 1 year low of $110.02 and a 1 year 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.