Latitude Advisors LLC Invests $1.59 Million in iShares Short Treasury Bond ETF $SHV

Latitude Advisors LLC bought a new position in iShares Short Treasury Bond ETF (NASDAQ:SHV) during the first quarter, Holdings Channel reports. The fund bought 14,370 shares of the company’s stock, valued at approximately $1,586,000. iShares Short Treasury Bond ETF comprises about 0.7% of Latitude Advisors LLC’s holdings, making the stock its 28th largest position.

A number of other institutional investors and hedge funds also recently modified their holdings of SHV. Valpey Financial Services LLC lifted its holdings in shares of iShares Short Treasury Bond ETF by 9,358.9% during the fourth quarter. Valpey Financial Services LLC now owns 628,449 shares of the company’s stock valued at $69,224,000 after purchasing an additional 621,805 shares during the last quarter. Bank of America Corp DE increased its stake in iShares Short Treasury Bond ETF by 22.3% in the 2nd quarter. Bank of America Corp DE now owns 3,172,414 shares of the company’s stock worth $350,298,000 after purchasing an additional 579,074 shares in the last quarter. LPL Financial LLC increased its stake in 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 worth $337,427,000 after purchasing an additional 479,397 shares in the last quarter. Maseco LLP acquired a new stake in iShares Short Treasury Bond ETF during the 4th quarter worth about $37,518,000. Finally, Oakworth Capital Inc. raised its holdings in iShares Short Treasury Bond ETF by 47.0% during the 4th quarter. Oakworth Capital Inc. now owns 1,013,393 shares of the company’s stock worth $111,625,000 after buying an additional 324,227 shares during the period. 7.10% of the stock is owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Price Performance

SHV stock opened at $110.09 on Friday. iShares Short Treasury Bond ETF has a one year low of $110.02 and a one year high of $110.50. The firm has a 50-day moving average of $110.23 and a two-hundred day moving average of $110.24.

iShares Short Treasury Bond ETF Company 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.