Modern Wealth Management LLC Trims Holdings in iShares Short Treasury Bond ETF $SHV

Modern Wealth Management LLC lowered its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 4.7% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 264,260 shares of the company’s stock after selling 13,133 shares during the quarter. Modern Wealth Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $29,090,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Brown Advisory Inc. boosted its stake in iShares Short Treasury Bond ETF by 0.9% during the 4th quarter. Brown Advisory Inc. now owns 11,282 shares of the company’s stock valued at $1,243,000 after acquiring an additional 96 shares during the last quarter. Transamerica Financial Advisors LLC increased its position in shares of iShares Short Treasury Bond ETF by 11.3% in the 4th quarter. Transamerica Financial Advisors LLC now owns 963 shares of the company’s stock worth $106,000 after purchasing an additional 98 shares during the last quarter. Formidable Asset Management LLC raised its stake in shares of iShares Short Treasury Bond ETF by 1.5% in the 4th quarter. Formidable Asset Management LLC now owns 6,865 shares of the company’s stock valued at $759,000 after purchasing an additional 100 shares in the last quarter. Tower Research Capital LLC TRC lifted its position in shares of iShares Short Treasury Bond ETF by 0.3% during the third quarter. Tower Research Capital LLC TRC now owns 38,862 shares of the company’s stock worth $4,294,000 after purchasing an additional 103 shares during the last quarter. Finally, Intergy Private Wealth LLC lifted its position in shares of iShares Short Treasury Bond ETF by 2.6% during the first quarter. Intergy Private Wealth LLC now owns 4,179 shares of the company’s stock worth $461,000 after purchasing an additional 105 shares during the last quarter. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Trading Down 0.0%

NASDAQ:SHV opened at $110.25 on Friday. iShares Short Treasury Bond ETF has a one year low of $110.02 and a one year high of $110.50. The stock has a 50-day simple moving average of $110.22 and a 200 day simple moving average of $110.24.

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.