Parallel Advisors LLC Cuts Stock Position in iShares Short Treasury Bond ETF $SHV

Parallel Advisors LLC lessened its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 13.1% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 35,420 shares of the company’s stock after selling 5,344 shares during the period. Parallel Advisors LLC’s holdings in iShares Short Treasury Bond ETF were worth $3,910,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Valpey Financial Services LLC grew its stake in shares of iShares Short Treasury Bond ETF by 9,358.9% in the 4th quarter. Valpey Financial Services LLC now owns 628,449 shares of the company’s stock worth $69,224,000 after buying an additional 621,805 shares in the last quarter. Bank of America Corp DE raised its position in shares of iShares Short Treasury Bond ETF by 22.3% during the 2nd quarter. Bank of America Corp DE now owns 3,172,414 shares of the company’s stock valued at $350,298,000 after buying an additional 579,074 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of iShares Short Treasury Bond ETF by 18.6% in the 4th quarter. LPL Financial LLC now owns 3,063,342 shares of the company’s stock valued at $337,427,000 after acquiring an additional 479,397 shares during the last quarter. Royal Bank of Canada grew its position in iShares Short Treasury Bond ETF by 53.4% in the first quarter. Royal Bank of Canada now owns 1,369,661 shares of the company’s stock worth $151,197,000 after acquiring an additional 477,064 shares in the last quarter. Finally, Wealthfront Advisers LLC grew its position in iShares Short Treasury Bond ETF by 26.6% in the first quarter. Wealthfront Advisers LLC now owns 2,048,039 shares of the company’s stock worth $226,083,000 after acquiring an additional 430,574 shares in 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 $110.10 on Thursday. The business’s 50 day moving average is $110.21 and its two-hundred day moving average is $110.24. 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.