Professional Advisory Services Inc. Decreases Stock Holdings in iShares Short Treasury Bond ETF $SHV

Professional Advisory Services Inc. reduced its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 46.6% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 12,680 shares of the company’s stock after selling 11,087 shares during the period. Professional Advisory Services Inc.’s holdings in iShares Short Treasury Bond ETF were worth $1,399,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in SHV. Brown Advisory Inc. lifted its position in shares of iShares Short Treasury Bond ETF by 0.9% in the fourth quarter. Brown Advisory Inc. now owns 11,282 shares of the company’s stock worth $1,243,000 after purchasing an additional 96 shares in the last quarter. Transamerica Financial Advisors LLC grew its position in iShares Short Treasury Bond ETF by 11.3% during the fourth quarter. Transamerica Financial Advisors LLC now owns 963 shares of the company’s stock valued at $106,000 after purchasing an additional 98 shares in the last quarter. Tower Research Capital LLC TRC increased its stake in 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 valued at $4,294,000 after buying an additional 103 shares during the period. Intergy Private Wealth LLC increased its stake in iShares Short Treasury Bond ETF by 2.6% in the 1st quarter. Intergy Private Wealth LLC now owns 4,179 shares of the company’s stock valued at $461,000 after buying an additional 105 shares during the period. Finally, Fortis Advisors LLC lifted its position in iShares Short Treasury Bond ETF by 1.3% in the 4th quarter. Fortis Advisors LLC now owns 8,180 shares of the company’s stock worth $901,000 after buying an additional 106 shares in the last quarter. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Price Performance

Shares of NASDAQ:SHV opened at $110.16 on Friday. The firm has a fifty day moving average of $110.20 and a two-hundred day moving average of $110.24. 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.