Royal Bank of Canada Purchases 477,064 Shares of iShares Short Treasury Bond ETF $SHV

Royal Bank of Canada increased its position in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 53.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,369,661 shares of the company’s stock after purchasing an additional 477,064 shares during the period. Royal Bank of Canada’s holdings in iShares Short Treasury Bond ETF were worth $151,197,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in SHV. Brown Advisory Inc. lifted its position in iShares Short Treasury Bond ETF by 0.9% during the fourth quarter. Brown Advisory Inc. now owns 11,282 shares of the company’s stock valued at $1,243,000 after buying an additional 96 shares during the period. Transamerica Financial Advisors LLC grew 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 buying an additional 98 shares during the period. Formidable Asset Management LLC increased 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 worth $759,000 after acquiring an additional 100 shares in the last quarter. Tower Research Capital LLC TRC increased its stake in shares of iShares Short Treasury Bond ETF by 0.3% in the 3rd quarter. Tower Research Capital LLC TRC now owns 38,862 shares of the company’s stock worth $4,294,000 after acquiring an additional 103 shares in the last quarter. Finally, Intergy Private Wealth LLC lifted its position in iShares Short Treasury Bond ETF by 2.6% during the 1st quarter. Intergy Private Wealth LLC now owns 4,179 shares of the company’s stock valued at $461,000 after acquiring an additional 105 shares during the period. Institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Price Performance

NASDAQ:SHV opened at $110.37 on Friday. iShares Short Treasury Bond ETF has a one year low of $110.02 and a one year high of $110.50. The company’s 50-day simple moving average is $110.22 and its 200 day simple moving average is $110.24.

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.