Forum Financial Management LP Acquires 17,555 Shares of iShares Short Treasury Bond ETF $SHV

Forum Financial Management LP increased its holdings in iShares Short Treasury Bond ETF (NYSE:SHV) by 53.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 50,617 shares of the company’s stock after purchasing an additional 17,555 shares during the quarter. Forum Financial Management LP’s holdings in iShares Short Treasury Bond ETF were worth $5,584,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Royal Bank of Canada boosted its stake in shares of iShares Short Treasury Bond ETF by 53.4% in the 1st quarter. Royal Bank of Canada now owns 1,369,661 shares of the company’s stock valued at $151,197,000 after purchasing an additional 477,064 shares during the last quarter. Wealthfront Advisers LLC grew its stake in shares of iShares Short Treasury Bond ETF by 26.6% in the 1st quarter. Wealthfront Advisers LLC now owns 2,048,039 shares of the company’s stock valued at $226,083,000 after buying an additional 430,574 shares during the period. Norris Financial Group LLC bought a new stake in shares of iShares Short Treasury Bond ETF during the first quarter valued at approximately $19,781,000. Fifth Third Bancorp increased its stake in iShares Short Treasury Bond ETF by 36,334.0% during the 1st quarter. Fifth Third Bancorp now owns 175,976 shares of the company’s stock valued at $19,426,000 after purchasing an additional 175,493 shares in the last quarter. Finally, Highland Investment Advisors LLC bought a new stake in iShares Short Treasury Bond ETF during the 2nd quarter valued at $17,899,000. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Stock Performance

SHV opened at $110.25 on Friday. The company’s 50-day moving average is $110.20 and its 200 day moving average is $110.22. iShares Short Treasury Bond ETF has a fifty-two week low of $109.86 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.