Burford Brothers Inc. Makes New $1.33 Million Investment in iShares Short Treasury Bond ETF $SHV

Burford Brothers Inc. purchased a new stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 12,009 shares of the company’s stock, valued at approximately $1,326,000.

Other hedge funds have also modified their holdings of the company. HB Wealth Management LLC boosted its stake in iShares Short Treasury Bond ETF by 0.8% in the 1st quarter. HB Wealth Management LLC now owns 42,329 shares of the company’s stock worth $4,673,000 after purchasing an additional 348 shares during the period. Leelyn Smith LLC grew its stake in iShares Short Treasury Bond ETF by 43.7% in the first quarter. Leelyn Smith LLC now owns 10,159 shares of the company’s stock valued at $1,121,000 after purchasing an additional 3,089 shares in the last quarter. World Investment Advisors grew its stake in shares of iShares Short Treasury Bond ETF by 60.3% in the first quarter. World Investment Advisors now owns 12,572 shares of the company’s stock valued at $1,388,000 after buying an additional 4,730 shares in the last quarter. Private Advisor Group LLC increased its stake in shares of iShares Short Treasury Bond ETF by 5.8% during the 1st quarter. Private Advisor Group LLC now owns 51,178 shares of the company’s stock worth $5,650,000 after purchasing an additional 2,786 shares during the last quarter. Finally, Sound Income Strategies LLC increased its position in iShares Short Treasury Bond ETF by 17,128.6% during the first quarter. Sound Income Strategies LLC now owns 1,206 shares of the company’s stock worth $133,000 after buying an additional 1,199 shares during the last quarter. 7.10% of the stock is currently owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Stock Performance

Shares of NASDAQ SHV opened at $110.09 on Friday. iShares Short Treasury Bond ETF has a 1-year low of $110.02 and a 1-year high of $110.50. The business’s 50 day moving average is $110.23 and its 200-day 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.