Udine Wealth Management Inc. Decreases Position in iShares Short Treasury Bond ETF $SHV

Udine Wealth Management Inc. trimmed its position in iShares Short Treasury Bond ETF (NASDAQ:SHV) by 7.7% in the second quarter, Holdings Channel.com reports. The firm owned 101,750 shares of the company’s stock after selling 8,500 shares during the period. iShares Short Treasury Bond ETF comprises approximately 4.6% of Udine Wealth Management Inc.’s portfolio, making the stock its 6th largest holding. Udine Wealth Management Inc.’s holdings in iShares Short Treasury Bond ETF were worth $11,228,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPL Wealth Management LLC acquired a new position in iShares Short Treasury Bond ETF during the 3rd quarter valued at about $26,000. Godfrey Financial Associates Inc. bought a new position in shares of iShares Short Treasury Bond ETF in the 4th quarter valued at about $35,000. LFA Lugano Financial Advisors SA bought a new position in shares of iShares Short Treasury Bond ETF in the 4th quarter valued at about $39,000. International Assets Investment Management LLC acquired a new stake in shares of iShares Short Treasury Bond ETF during the 4th quarter worth approximately $43,000. Finally, Evergreen Advisors LLC acquired a new stake in shares of iShares Short Treasury Bond ETF during the 1st quarter worth approximately $43,000. 7.10% of the stock is owned by institutional investors.

iShares Short Treasury Bond ETF Price Performance

SHV opened at $110.21 on Friday. The firm has a 50 day simple moving average of $110.21 and a 200 day simple moving average of $110.23. iShares Short Treasury Bond ETF has a fifty-two week low of $110.02 and a fifty-two 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.