Financial Management Network Inc. Trims Stake in iShares Short Treasury Bond ETF $SHV

Financial Management Network Inc. reduced its stake in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 10.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 45,337 shares of the company’s stock after selling 5,089 shares during the period. Financial Management Network Inc.’s holdings in iShares Short Treasury Bond ETF were worth $4,995,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Brighton Jones LLC acquired a new stake in shares of iShares Short Treasury Bond ETF in the fourth quarter valued at $572,000. Revolve Wealth Partners LLC acquired a new position in iShares Short Treasury Bond ETF during the 4th quarter worth about $388,000. Baird Financial Group Inc. boosted its holdings in iShares Short Treasury Bond ETF by 59.3% during the 2nd quarter. Baird Financial Group Inc. now owns 17,558 shares of the company’s stock valued at $1,939,000 after acquiring an additional 6,533 shares during the period. Raymond James Financial Inc. boosted its holdings in 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 acquiring an additional 160,138 shares during the period. Finally, Camarda Financial Advisors LLC grew its position in iShares Short Treasury Bond ETF by 4.2% in the 2nd quarter. Camarda Financial Advisors LLC now owns 40,071 shares of the company’s stock valued at $4,425,000 after acquiring an additional 1,599 shares in the last quarter. Institutional investors and hedge funds own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Stock Performance

Shares of NASDAQ:SHV opened at $110.26 on Tuesday. iShares Short Treasury Bond ETF has a 1 year low of $110.02 and a 1 year high of $110.50. The firm’s 50-day moving average is $110.23 and its two-hundred day moving average is $110.23.

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.