Wealth Alliance LLC Grows Stake in iShares Short Treasury Bond ETF $SHV

Wealth Alliance LLC grew its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 44.7% during the first quarter, HoldingsChannel reports. The firm owned 62,582 shares of the company’s stock after buying an additional 19,332 shares during the period. iShares Short Treasury Bond ETF accounts for 0.7% of Wealth Alliance LLC’s portfolio, making the stock its 29th largest position. Wealth Alliance LLC’s holdings in iShares Short Treasury Bond ETF were worth $6,908,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of SHV. Bank of America Corp DE lifted its holdings 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 worth $353,020,000 after acquiring an additional 22,622 shares during the last quarter. LPL Financial LLC boosted its position in shares of iShares Short Treasury Bond ETF by 18.6% in the fourth 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 period. UBS Group AG grew its holdings in shares of 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 valued at $238,091,000 after buying an additional 219,146 shares in the last quarter. Wealthfront Advisers LLC grew its holdings in shares of iShares Short Treasury Bond ETF by 26.6% during the first quarter. Wealthfront Advisers LLC now owns 2,048,039 shares of the company’s stock valued at $226,083,000 after buying an additional 430,574 shares in the last quarter. Finally, Raymond James Financial Inc. raised its position in iShares Short Treasury Bond ETF by 11.3% during the second quarter. Raymond James Financial Inc. now owns 1,576,192 shares of the company’s stock valued at $174,043,000 after buying an additional 160,138 shares during the period. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

Shares of iShares Short Treasury Bond ETF stock opened at $110.30 on Friday. The stock has a 50-day moving average price of $110.22 and a 200 day moving average price of $110.24. iShares Short Treasury Bond ETF has a 1 year low of $110.02 and a 1 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.