Townsend & Associates Inc Acquires 11,422 Shares of iShares Short Treasury Bond ETF $SHV

Townsend & Associates Inc lifted its holdings in shares of iShares Short Treasury Bond ETF (NYSE:SHV) by 1.7% in the third quarter, HoldingsChannel reports. The firm owned 675,862 shares of the company’s stock after acquiring an additional 11,422 shares during the period. iShares Short Treasury Bond ETF makes up about 6.4% of Townsend & Associates Inc’s portfolio, making the stock its biggest holding. Townsend & Associates Inc’s holdings in iShares Short Treasury Bond ETF were worth $74,514,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Wealthfront Advisers LLC raised its position in shares of iShares Short Treasury Bond ETF by 26.6% during the 1st quarter. Wealthfront Advisers LLC now owns 2,048,039 shares of the company’s stock worth $226,083,000 after purchasing an additional 430,574 shares during the last quarter. Royal Bank of Canada lifted its stake in iShares Short Treasury Bond ETF by 53.4% in the 1st quarter. Royal Bank of Canada now owns 1,369,661 shares of the company’s stock valued at $151,197,000 after buying an additional 477,064 shares in the last quarter. Able Wealth Management LLC grew its holdings in iShares Short Treasury Bond ETF by 3.8% during the 1st quarter. Able Wealth Management LLC now owns 384,120 shares of the company’s stock valued at $42,403,000 after buying an additional 13,941 shares during the last quarter. Financial Consulate Inc. grew its holdings in iShares Short Treasury Bond ETF by 5.8% during the 2nd quarter. Financial Consulate Inc. now owns 347,758 shares of the company’s stock valued at $38,375,000 after buying an additional 19,042 shares during the last quarter. Finally, Family Manage LLC grew its holdings in iShares Short Treasury Bond ETF by 3.0% during the 1st quarter. Family Manage LLC now owns 310,017 shares of the company’s stock valued at $34,223,000 after buying an additional 9,158 shares during the last quarter. 7.10% of the stock is owned by hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Price Performance

iShares Short Treasury Bond ETF stock opened at $110.33 on Monday. The stock has a fifty day moving average of $110.21 and a two-hundred day moving average of $110.22. iShares Short Treasury Bond ETF has a fifty-two week low of $109.86 and a fifty-two week 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.