iShares Short Treasury Bond ETF (NASDAQ:SHV) Sees Unusually-High Trading Volume

Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) saw an uptick in trading volume on Wednesday . 978,846 shares traded hands during trading, a decline of 61% from the previous session’s volume of 2,530,108 shares.The stock last traded at $110.44 and had previously closed at $110.42.

iShares Short Treasury Bond ETF Stock Performance

The company’s fifty day simple moving average is $110.35 and its two-hundred day simple moving average is $110.30.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a $0.4755 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

Institutional Trading of iShares Short Treasury Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Crewe Advisors LLC bought a new position in shares of iShares Short Treasury Bond ETF during the fourth quarter valued at about $27,000. J.Safra Asset Management Corp lifted its position in shares of iShares Short Treasury Bond ETF by 78.6% during the 1st quarter. J.Safra Asset Management Corp now owns 250 shares of the company’s stock worth $28,000 after buying an additional 110 shares in the last quarter. Cape Investment Advisory Inc. purchased a new position in shares of iShares Short Treasury Bond ETF in the 4th quarter worth approximately $30,000. Rothschild Investment LLC purchased a new position in shares of iShares Short Treasury Bond ETF in the 2nd quarter worth approximately $40,000. Finally, Benjamin F. Edwards & Company Inc. bought a new position in shares of iShares Short Treasury Bond ETF in the second quarter valued at approximately $43,000. 7.10% of the stock is owned by hedge funds and other institutional investors.

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.