Professional Advisory Services Inc. Cuts Stock Position in iShares Short Treasury Bond ETF $SHV

Professional Advisory Services Inc. decreased its position in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 46.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,680 shares of the company’s stock after selling 11,087 shares during the period. Professional Advisory Services Inc.’s holdings in iShares Short Treasury Bond ETF were worth $1,399,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of SHV. JPL Wealth Management LLC purchased a new stake in iShares Short Treasury Bond ETF during the 3rd quarter valued at $26,000. Godfrey Financial Associates Inc. purchased a new position in shares of iShares Short Treasury Bond ETF in the 4th quarter worth $35,000. LFA Lugano Financial Advisors SA purchased a new position in shares of iShares Short Treasury Bond ETF in the 4th quarter worth $39,000. Evergreen Advisors LLC purchased a new position in shares of iShares Short Treasury Bond ETF in the 1st quarter worth $43,000. Finally, International Assets Investment Management LLC bought a new stake in shares of iShares Short Treasury Bond ETF in the fourth quarter worth $43,000. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

SHV stock opened at $110.16 on Friday. The business’s 50-day moving average is $110.20 and its two-hundred day moving average is $110.24. iShares Short Treasury Bond ETF has a fifty-two week low of $110.02 and a fifty-two week 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.