Northwestern Mutual Wealth Management Co. Reduces Stock Position in iShares Short Treasury Bond ETF $SHV

Northwestern Mutual Wealth Management Co. lessened its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 56.4% in the fourth quarter, HoldingsChannel reports. The firm owned 153,573 shares of the company’s stock after selling 198,761 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares Short Treasury Bond ETF were worth $16,916,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Aegis Wealth Management LLC increased its position in iShares Short Treasury Bond ETF by 141.8% during the 3rd quarter. Aegis Wealth Management LLC now owns 68,807 shares of the company’s stock worth $7,602,000 after purchasing an additional 40,347 shares in the last quarter. Atticus Wealth Management LLC increased its position in iShares Short Treasury Bond ETF by 41.0% during the 3rd quarter. Atticus Wealth Management LLC now owns 25,404 shares of the company’s stock worth $2,807,000 after purchasing an additional 7,388 shares in the last quarter. Gunma Bank Ltd. increased its position in iShares Short Treasury Bond ETF by 8.8% during the 3rd quarter. Gunma Bank Ltd. now owns 185,000 shares of the company’s stock worth $20,441,000 after purchasing an additional 15,000 shares in the last quarter. Savvy Advisors Inc. increased its position in iShares Short Treasury Bond ETF by 487.7% during the 4th quarter. Savvy Advisors Inc. now owns 12,088 shares of the company’s stock worth $1,332,000 after purchasing an additional 10,031 shares in the last quarter. Finally, CVA Family Office LLC boosted its stake in iShares Short Treasury Bond ETF by 28.4% in the 4th quarter. CVA Family Office LLC now owns 76,570 shares of the company’s stock worth $8,434,000 after buying an additional 16,927 shares during the last quarter. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

Shares of NASDAQ:SHV opened at $110.37 on Monday. The stock’s 50-day moving average price is $110.26 and its two-hundred day moving average price is $110.25. iShares Short Treasury Bond ETF has a 12-month low of $110.02 and a 12-month high of $110.50.

iShares Short Treasury Bond ETF 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.