iShares Short Treasury Bond ETF $SHV Stock: Spartan Planning & Wealth Management Cuts Stake

Spartan Planning & Wealth Management trimmed its position in iShares Short Treasury Bond ETF (NYSE:SHV) by 25.3% in the 3rd quarter, HoldingsChannel reports. The fund owned 24,546 shares of the company’s stock after selling 8,312 shares during the quarter. iShares Short Treasury Bond ETF makes up about 1.8% of Spartan Planning & Wealth Management’s holdings, making the stock its 17th largest holding. Spartan Planning & Wealth Management’s holdings in iShares Short Treasury Bond ETF were worth $2,708,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC raised its stake in iShares Short Treasury Bond ETF by 26.6% during the 1st 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 period. Royal Bank of Canada lifted its holdings in iShares Short Treasury Bond ETF by 53.4% during the first quarter. Royal Bank of Canada now owns 1,369,661 shares of the company’s stock valued at $151,197,000 after purchasing an additional 477,064 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. boosted its position in shares of iShares Short Treasury Bond ETF by 7.0% in the fourth quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,331,705 shares of the company’s stock worth $147,012,000 after purchasing an additional 86,634 shares during the period. Rockefeller Capital Management L.P. boosted its position in shares of iShares Short Treasury Bond ETF by 11.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 528,070 shares of the company’s stock worth $58,167,000 after purchasing an additional 56,247 shares during the period. Finally, Able Wealth Management LLC boosted its position in shares of iShares Short Treasury Bond ETF by 3.8% in the first quarter. Able Wealth Management LLC now owns 384,120 shares of the company’s stock worth $42,403,000 after purchasing an additional 13,941 shares during the period. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

Shares of NYSE SHV traded up $0.01 during midday trading on Tuesday, reaching $110.18. The stock had a trading volume of 2,958,635 shares, compared to its average volume of 2,938,169. The stock has a 50-day moving average of $110.20 and a 200-day moving average of $110.22. iShares Short Treasury Bond ETF has a 12-month low of $109.86 and a 12-month 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.