Formidable Asset Management LLC Acquires 15,995 Shares of iShares Short Treasury Bond ETF $SHV

Formidable Asset Management LLC lifted its holdings in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 233.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,860 shares of the company’s stock after buying an additional 15,995 shares during the quarter. Formidable Asset Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $2,518,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of SHV. Brighton Jones LLC purchased a new stake in shares of iShares Short Treasury Bond ETF during the fourth quarter worth $572,000. Revolve Wealth Partners LLC purchased a new position in shares of iShares Short Treasury Bond ETF in the fourth quarter valued at $388,000. Baird Financial Group Inc. grew its position in shares of iShares Short Treasury Bond ETF by 59.3% in the second quarter. Baird Financial Group Inc. now owns 17,558 shares of the company’s stock valued at $1,939,000 after purchasing an additional 6,533 shares in the last quarter. Raymond James Financial Inc. raised its stake in shares of iShares Short Treasury Bond ETF by 11.3% during the 2nd quarter. Raymond James Financial Inc. now owns 1,576,192 shares of the company’s stock valued at $174,043,000 after purchasing an additional 160,138 shares during the period. Finally, Camarda Financial Advisors LLC raised its stake in shares of iShares Short Treasury Bond ETF by 4.2% during the 2nd quarter. Camarda Financial Advisors LLC now owns 40,071 shares of the company’s stock valued at $4,425,000 after purchasing an additional 1,599 shares during the period. 7.10% of the stock is owned by institutional investors.

iShares Short Treasury Bond ETF Price Performance

Shares of SHV opened at $110.33 on Monday. iShares Short Treasury Bond ETF has a 52-week low of $110.02 and a 52-week high of $110.50. The stock’s 50-day simple moving average is $110.24 and its 200 day simple moving average is $110.24.

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.