Acorn Financial Advisory Services Inc. ADV Takes Position in iShares Short Treasury Bond ETF (NASDAQ:SHV)

Acorn Financial Advisory Services Inc. ADV bought a new stake in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,038 shares of the company’s stock, valued at approximately $225,000.

Several other institutional investors also recently added to or reduced their stakes in the company. Balentine LLC boosted its holdings in iShares Short Treasury Bond ETF by 67.8% in the 3rd quarter. Balentine LLC now owns 255 shares of the company’s stock worth $28,000 after buying an additional 103 shares during the period. Venturi Wealth Management LLC bought a new position in iShares Short Treasury Bond ETF in the 3rd quarter worth approximately $31,000. NEXT Financial Group Inc boosted its holdings in iShares Short Treasury Bond ETF by 215.0% in the 3rd quarter. NEXT Financial Group Inc now owns 337 shares of the company’s stock worth $37,000 after buying an additional 230 shares during the period. Prime Capital Investment Advisors LLC bought a new position in iShares Short Treasury Bond ETF in the 3rd quarter worth approximately $44,000. Finally, Private Capital Group LLC purchased a new stake in iShares Short Treasury Bond ETF in the 2nd quarter worth approximately $44,000.

NASDAQ SHV opened at $110.59 on Tuesday. iShares Short Treasury Bond ETF has a 1 year low of $110.03 and a 1 year high of $110.72. The company’s 50 day simple moving average is $110.50 and its two-hundred day simple moving average is $110.55.

Separately, ValuEngine upgraded shares of iShares Short Treasury Bond ETF from a “hold” rating to a “buy” rating in a research note on Monday, December 16th.

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.

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Institutional Ownership by Quarter for iShares Short Treasury Bond ETF (NASDAQ:SHV)

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