Paragon Capital Management Inc. Has $9.07 Million Stake in iShares Short Treasury Bond ETF $SHV

Paragon Capital Management Inc. cut its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 17.9% in the 1st quarter, HoldingsChannel reports. The fund owned 82,208 shares of the company’s stock after selling 17,870 shares during the quarter. iShares Short Treasury Bond ETF accounts for 7.7% of Paragon Capital Management Inc.’s portfolio, making the stock its 2nd biggest position. Paragon Capital Management Inc.’s holdings in iShares Short Treasury Bond ETF were worth $9,075,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brown Advisory Inc. increased its stake in iShares Short Treasury Bond ETF by 0.9% in the 4th quarter. Brown Advisory Inc. now owns 11,282 shares of the company’s stock worth $1,243,000 after purchasing an additional 96 shares during the period. Transamerica Financial Advisors LLC grew its holdings in shares of iShares Short Treasury Bond ETF by 11.3% in the fourth quarter. Transamerica Financial Advisors LLC now owns 963 shares of the company’s stock worth $106,000 after purchasing an additional 98 shares during the last quarter. Formidable Asset Management LLC grew its holdings in shares of iShares Short Treasury Bond ETF by 1.5% in the fourth quarter. Formidable Asset Management LLC now owns 6,865 shares of the company’s stock worth $759,000 after purchasing an additional 100 shares during the last quarter. Tower Research Capital LLC TRC increased its stake in shares of iShares Short Treasury Bond ETF by 0.3% in the third quarter. Tower Research Capital LLC TRC now owns 38,862 shares of the company’s stock worth $4,294,000 after buying an additional 103 shares during the period. Finally, Intergy Private Wealth LLC raised its holdings 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 buying an additional 105 shares during the last quarter. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Price Performance

Shares of SHV opened at $110.26 on Tuesday. The firm has a fifty day simple moving average of $110.23 and a two-hundred day simple moving average of $110.23. iShares Short Treasury Bond ETF has a twelve month low of $110.02 and a twelve 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.