Envestnet Portfolio Solutions Inc. Sells 70,774 Shares of iShares Short Treasury Bond ETF $SHV

Envestnet Portfolio Solutions Inc. lowered its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 91.0% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 6,991 shares of the company’s stock after selling 70,774 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares Short Treasury Bond ETF were worth $771,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of SHV. Bank of America Corp DE grew its position in 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 acquiring an additional 22,622 shares during the last quarter. LPL Financial LLC raised its stake in iShares Short Treasury Bond ETF by 18.6% during the fourth quarter. LPL Financial LLC now owns 3,063,342 shares of the company’s stock worth $337,427,000 after acquiring an additional 479,397 shares in the last quarter. UBS Group AG raised its stake in iShares Short Treasury Bond ETF by 11.3% during the third quarter. UBS Group AG now owns 2,154,863 shares of the company’s stock worth $238,091,000 after acquiring an additional 219,146 shares in the last quarter. Wealthfront Advisers LLC lifted its holdings in shares of iShares Short Treasury Bond ETF by 26.6% in the first quarter. Wealthfront Advisers LLC now owns 2,048,039 shares of the company’s stock worth $226,083,000 after acquiring an additional 430,574 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its holdings 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 worth $174,043,000 after acquiring an additional 160,138 shares during the last quarter. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Stock Performance

SHV opened at $110.19 on Thursday. The company’s 50 day moving average is $110.21 and its 200-day moving average is $110.23. iShares Short Treasury Bond ETF has a 1-year low of $110.02 and a 1-year 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.