Sumitomo Mitsui Financial Group Inc. increased its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV – Free Report) by 11.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 108,790 shares of the company’s stock after purchasing an additional 11,341 shares during the period. Sumitomo Mitsui Financial Group Inc. owned approximately 0.06% of iShares Short Treasury Bond ETF worth $11,983,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Bank of America Corp DE boosted its stake in iShares Short Treasury Bond ETF by 0.7% in the 3rd quarter. Bank of America Corp DE now owns 3,195,036 shares of the company’s stock worth $353,020,000 after purchasing an additional 22,622 shares during the period. LPL Financial LLC boosted its stake in shares of iShares Short Treasury Bond ETF by 18.6% during the 4th quarter. LPL Financial LLC now owns 3,063,342 shares of the company’s stock worth $337,427,000 after buying an additional 479,397 shares during the last quarter. UBS Group AG boosted its stake in shares of iShares Short Treasury Bond ETF by 11.3% during the 3rd quarter. UBS Group AG now owns 2,154,863 shares of the company’s stock worth $238,091,000 after buying an additional 219,146 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of iShares Short Treasury Bond ETF by 8.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,630,567 shares of the company’s stock worth $179,672,000 after buying an additional 126,707 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its stake in shares of iShares Short Treasury Bond ETF by 11.3% during the 2nd quarter. Raymond James Financial Inc. now owns 1,576,192 shares of the company’s stock worth $174,043,000 after buying an additional 160,138 shares during the last quarter. 7.10% of the stock is owned by institutional investors and hedge funds.
iShares Short Treasury Bond ETF Stock Performance
iShares Short Treasury Bond ETF stock opened at $110.16 on Friday. The firm has a 50-day moving average of $110.22 and a 200-day moving average of $110.24. iShares Short Treasury Bond ETF has a one year low of $110.02 and a one year 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.
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