Royal Bank of Canada Purchases 477,064 Shares of iShares Short Treasury Bond ETF $SHV

Royal Bank of Canada lifted its position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 53.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,369,661 shares of the company’s stock after purchasing an additional 477,064 shares during the period. Royal Bank of Canada owned 0.73% of iShares Short Treasury Bond ETF worth $151,197,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. Brighton Jones LLC purchased a new position in shares of iShares Short Treasury Bond ETF during the fourth quarter valued at approximately $572,000. Revolve Wealth Partners LLC purchased a new stake in iShares Short Treasury Bond ETF in the fourth quarter worth $388,000. Baird Financial Group Inc. lifted its stake in iShares Short Treasury Bond ETF by 59.3% in the second quarter. Baird Financial Group Inc. now owns 17,558 shares of the company’s stock worth $1,939,000 after acquiring an additional 6,533 shares during the period. Raymond James Financial Inc. boosted its holdings in 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 acquiring an additional 160,138 shares in the last quarter. Finally, Camarda Financial Advisors LLC boosted its holdings in iShares Short Treasury Bond ETF by 4.2% in the second quarter. Camarda Financial Advisors LLC now owns 40,071 shares of the company’s stock valued at $4,425,000 after acquiring an additional 1,599 shares in the last quarter. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

Shares of NASDAQ SHV opened at $110.37 on Friday. iShares Short Treasury Bond ETF has a 12 month low of $110.02 and a 12 month high of $110.50. The firm has a fifty day simple moving average of $110.22 and a two-hundred day simple moving average of $110.24.

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.