Norris Financial Group LLC Buys New Shares in iShares Short Treasury Bond ETF $SHV

Norris Financial Group LLC purchased a new stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) during the first quarter, Holdings Channel reports. The firm purchased 179,196 shares of the company’s stock, valued at approximately $19,781,000. iShares Short Treasury Bond ETF accounts for approximately 6.5% of Norris Financial Group LLC’s investment portfolio, making the stock its 3rd largest holding.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPL Wealth Management LLC purchased a new position in shares of iShares Short Treasury Bond ETF during the 3rd quarter valued at about $26,000. Godfrey Financial Associates Inc. bought a new position in iShares Short Treasury Bond ETF during the fourth quarter valued at approximately $35,000. LFA Lugano Financial Advisors SA purchased a new position in shares of iShares Short Treasury Bond ETF during the fourth quarter worth approximately $39,000. Evergreen Advisors LLC bought a new stake in shares of iShares Short Treasury Bond ETF in the 1st quarter worth approximately $43,000. Finally, International Assets Investment Management LLC purchased a new stake 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 hedge funds and other institutional investors.

iShares Short Treasury Bond ETF Trading Up 0.0%

Shares of NASDAQ:SHV opened at $110.37 on Friday. The company’s fifty day moving average is $110.22 and its 200 day moving average is $110.24. iShares Short Treasury Bond ETF has a 52 week low of $110.02 and a 52 week high of $110.50.

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.