Parallel Advisors LLC Cuts Stake in iShares Short Treasury Bond ETF $SHV

Parallel Advisors LLC lessened its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 13.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 35,420 shares of the company’s stock after selling 5,344 shares during the quarter. Parallel Advisors LLC’s holdings in iShares Short Treasury Bond ETF were worth $3,910,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in SHV. JPL Wealth Management LLC bought a new stake in shares of iShares Short Treasury Bond ETF during the third quarter valued at approximately $26,000. Godfrey Financial Associates Inc. bought a new position in shares of iShares Short Treasury Bond ETF during the fourth quarter worth $35,000. LFA Lugano Financial Advisors SA purchased a new position in iShares Short Treasury Bond ETF during the fourth quarter valued at $39,000. Evergreen Advisors LLC purchased a new position in iShares Short Treasury Bond ETF during the first quarter valued at $43,000. Finally, International Assets Investment Management LLC bought a new stake in iShares Short Treasury Bond ETF in the 4th quarter valued at $43,000. 7.10% of the stock is owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Trading Up 0.0%

Shares of SHV stock opened at $110.10 on Thursday. The company’s fifty day simple moving average is $110.21 and its two-hundred day simple moving average is $110.24. iShares Short Treasury Bond ETF has a 52 week low of $110.02 and a 52 week 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.