iShares Short Treasury Bond ETF $SHV Stock: Lincoln Capital Corp Cuts Stake

Lincoln Capital Corp lessened its stake in shares of iShares Short Treasury Bond ETF (NYSE:SHV) by 99.0% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,843 shares of the company’s stock after selling 278,362 shares during the quarter. Lincoln Capital Corp’s holdings in iShares Short Treasury Bond ETF were worth $314,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in SHV. Fermata Advisors LLC boosted its holdings in iShares Short Treasury Bond ETF by 1.0% in the 3rd quarter. Fermata Advisors LLC now owns 25,386 shares of the company’s stock valued at $2,801,000 after purchasing an additional 244 shares during the period. Balefire LLC grew its position in shares of iShares Short Treasury Bond ETF by 298.6% during the 3rd quarter. Balefire LLC now owns 37,143 shares of the company’s stock valued at $4,098,000 after purchasing an additional 27,824 shares in the last quarter. Castle Rock Wealth Management LLC increased its holdings in shares of iShares Short Treasury Bond ETF by 783.4% in the third quarter. Castle Rock Wealth Management LLC now owns 51,122 shares of the company’s stock worth $5,628,000 after purchasing an additional 45,335 shares during the period. Wedmont Private Capital increased its holdings in shares of iShares Short Treasury Bond ETF by 75.4% in the third quarter. Wedmont Private Capital now owns 3,663 shares of the company’s stock worth $403,000 after purchasing an additional 1,575 shares during the period. Finally, Stableford Capital II LLC raised its position in shares of iShares Short Treasury Bond ETF by 3.6% in the third quarter. Stableford Capital II LLC now owns 170,904 shares of the company’s stock worth $18,854,000 after buying an additional 5,995 shares in the last quarter. Hedge funds and other institutional investors own 7.10% of the company’s stock.

iShares Short Treasury Bond ETF Trading Up 0.0%

Shares of SHV stock traded up $0.01 on Tuesday, reaching $110.18. The company’s stock had a trading volume of 2,958,635 shares, compared to its average volume of 2,938,169. iShares Short Treasury Bond ETF has a 12-month low of $109.86 and a 12-month high of $110.50. The stock’s 50 day simple moving average is $110.19 and its 200-day simple moving average is $110.22.

iShares Short Treasury Bond ETF Company 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.