iShares Short Treasury Bond ETF (NASDAQ:SHV) Sees Strong Trading Volume

iShares Short Treasury Bond ETF (NASDAQ:SHV) shares saw an uptick in trading volume on Tuesday . 1,249,363 shares traded hands during mid-day trading, a decline of 51% from the previous session’s volume of 2,555,230 shares.The stock last traded at $110.56 and had previously closed at $110.54.

iShares Short Treasury Bond ETF Price Performance

The business’s fifty day simple moving average is $110.37 and its 200 day simple moving average is $110.31.

iShares Short Treasury Bond ETF Cuts Dividend

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

Institutional Investors Weigh In On iShares Short Treasury Bond ETF

A number of institutional investors have recently modified their holdings of SHV. J.Safra Asset Management Corp grew 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 valued at $28,000 after buying an additional 110 shares during the last quarter. Cape Investment Advisory Inc. bought a new stake in shares of iShares Short Treasury Bond ETF during the 4th quarter valued at about $30,000. Rothschild Investment LLC bought a new stake in shares of iShares Short Treasury Bond ETF during the 2nd quarter valued at about $40,000. Benjamin F. Edwards & Company Inc. bought a new stake in shares of iShares Short Treasury Bond ETF during the 2nd quarter valued at about $43,000. Finally, Massmutual Trust Co. FSB ADV bought a new stake in shares of iShares Short Treasury Bond ETF during the 2nd quarter valued at about $48,000. Institutional investors and hedge funds own 7.10% of the company’s stock.

About iShares Short Treasury Bond ETF

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.