iShares Short Treasury Bond ETF (NASDAQ:SHV) Sees Unusually-High Trading Volume – Time to Buy?

iShares Short Treasury Bond ETF (NASDAQ:SHV) shares saw unusually-strong trading volume on Thursday . Approximately 6,214,550 shares were traded during trading, a decline of 3% from the previous session’s volume of 6,397,577 shares.The stock last traded at $110.25 and had previously closed at $110.23.

iShares Short Treasury Bond ETF Stock Performance

The firm’s 50-day moving average price is $110.28 and its 200 day moving average price is $110.30.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.3579 per share. The ex-dividend date was Monday, March 3rd.

Institutional Investors Weigh In On iShares Short Treasury Bond ETF

Several institutional investors have recently modified their holdings of SHV. Proficio Capital Partners LLC boosted its stake in iShares Short Treasury Bond ETF by 16,685.1% during the 4th quarter. Proficio Capital Partners LLC now owns 5,884,700 shares of the company’s stock worth $647,964,000 after acquiring an additional 5,849,641 shares during the last quarter. FMR LLC boosted its stake in iShares Short Treasury Bond ETF by 152.1% during the 4th quarter. FMR LLC now owns 5,217,524 shares of the company’s stock worth $574,502,000 after acquiring an additional 3,147,534 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in iShares Short Treasury Bond ETF by 23.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,031,532 shares of the company’s stock worth $999,158,000 after acquiring an additional 1,732,399 shares during the last quarter. Raymond James Financial Inc. bought a new position in iShares Short Treasury Bond ETF during the 4th quarter worth approximately $123,698,000. Finally, Wick Capital Partners LLC boosted its stake in iShares Short Treasury Bond ETF by 6,232.4% during the 4th quarter. Wick Capital Partners LLC now owns 884,001 shares of the company’s stock worth $97,337,000 after acquiring an additional 870,041 shares during the last quarter. Institutional investors and hedge funds own 7.10% of the company’s stock.

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.