Assetmark Inc. Sells 15,972 Shares of iShares Short Treasury Bond ETF $SHV

Assetmark Inc. lessened its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 2.3% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 670,664 shares of the company’s stock after selling 15,972 shares during the period. Assetmark Inc.’s holdings in iShares Short Treasury Bond ETF were worth $74,035,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SHV. Aegis Wealth Management LLC increased its stake in shares of iShares Short Treasury Bond ETF by 21.9% during the fourth quarter. Aegis Wealth Management LLC now owns 83,889 shares of the company’s stock valued at $9,240,000 after purchasing an additional 15,082 shares in the last quarter. Savvy Advisors Inc. grew its stake in shares of iShares Short Treasury Bond ETF by 487.7% in the fourth quarter. Savvy Advisors Inc. now owns 12,088 shares of the company’s stock worth $1,332,000 after acquiring an additional 10,031 shares during the last quarter. CVA Family Office LLC increased its holdings in shares of iShares Short Treasury Bond ETF by 28.4% during the fourth quarter. CVA Family Office LLC now owns 76,570 shares of the company’s stock valued at $8,434,000 after acquiring an additional 16,927 shares in the last quarter. Private Advisory Group LLC raised its position in shares of iShares Short Treasury Bond ETF by 308.3% in the 4th quarter. Private Advisory Group LLC now owns 20,397 shares of the company’s stock worth $2,247,000 after purchasing an additional 15,401 shares during the last quarter. Finally, U.S. Capital Wealth Advisors LLC raised its position in shares of iShares Short Treasury Bond ETF by 24.3% in the 4th quarter. U.S. Capital Wealth Advisors LLC now owns 69,845 shares of the company’s stock worth $7,693,000 after purchasing an additional 13,662 shares during the last quarter. 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 iShares Short Treasury Bond ETF stock opened at $110.25 on Friday. The firm’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.