Bank of Nova Scotia Has $40.41 Million Position in iShares Short Treasury Bond ETF $SHV

Bank of Nova Scotia cut its stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 7.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 366,024 shares of the company’s stock after selling 30,874 shares during the quarter. Bank of Nova Scotia’s holdings in iShares Short Treasury Bond ETF were worth $40,409,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. JPL Wealth Management LLC acquired a new stake in iShares Short Treasury Bond ETF in the third quarter valued at approximately $26,000. Godfrey Financial Associates Inc. acquired a new position in shares of iShares Short Treasury Bond ETF during the fourth quarter worth $35,000. LFA Lugano Financial Advisors SA acquired a new position in shares of iShares Short Treasury Bond ETF during the fourth quarter worth $39,000. Evergreen Advisors LLC bought a new position in shares of iShares Short Treasury Bond ETF in the 1st quarter valued at $43,000. Finally, International Assets Investment Management LLC bought a new position in shares of iShares Short Treasury Bond ETF in the 4th quarter valued at $43,000. 7.10% of the stock is currently owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Stock Performance

Shares of SHV stock opened at $110.30 on Friday. iShares Short Treasury Bond ETF has a twelve month low of $110.02 and a twelve month high of $110.50. The stock’s fifty day simple moving average is $110.22 and its 200 day simple moving average is $110.24.

iShares Short Treasury Bond ETF 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.