iShares Short Treasury Bond ETF $SHV is Able Wealth Management LLC’s Largest Position

Able Wealth Management LLC boosted its holdings in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 3.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 384,120 shares of the company’s stock after purchasing an additional 13,941 shares during the quarter. iShares Short Treasury Bond ETF comprises approximately 11.3% of Able Wealth Management LLC’s portfolio, making the stock its biggest position. Able Wealth Management LLC’s holdings in iShares Short Treasury Bond ETF were worth $42,403,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. JPL Wealth Management LLC acquired a new stake in shares of iShares Short Treasury Bond ETF in the third quarter valued at approximately $26,000. Godfrey Financial Associates Inc. acquired a new position in iShares Short Treasury Bond ETF in the 4th quarter valued at about $35,000. LFA Lugano Financial Advisors SA acquired a new position in iShares Short Treasury Bond ETF in the 4th quarter valued at about $39,000. International Assets Investment Management LLC purchased a new stake in iShares Short Treasury Bond ETF during the 4th quarter valued at approximately $43,000. Finally, Simplex Trading LLC raised its stake in iShares Short Treasury Bond ETF by 271.0% during the 4th quarter. Simplex Trading LLC now owns 397 shares of the company’s stock valued at $44,000 after acquiring an additional 290 shares during the last quarter. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

iShares Short Treasury Bond ETF stock opened at $110.04 on Thursday. The business has a 50 day simple moving average of $110.24 and a 200-day simple 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.

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.