iShares Short Treasury Bond ETF (NASDAQ:SHV) Sees Large Volume Increase – Should You Buy?

Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) saw an uptick in trading volume on Wednesday . 6,489,397 shares were traded during trading, a decline of 2% from the previous session’s volume of 6,620,684 shares.The stock last traded at $110.31 and had previously closed at $110.30.

iShares Short Treasury Bond ETF Stock Up 0.0 %

The business has a 50 day simple moving average of $110.28 and a 200-day simple moving average of $110.29.

iShares Short Treasury Bond ETF Cuts Dividend

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

Institutional Trading of iShares Short Treasury Bond ETF

Hedge funds have recently bought and sold shares of the stock. Thrivent Financial for Lutherans boosted its holdings in shares of iShares Short Treasury Bond ETF by 39.1% in the third quarter. Thrivent Financial for Lutherans now owns 5,906 shares of the company’s stock valued at $654,000 after buying an additional 1,660 shares during the period. Cassaday & Co Wealth Management LLC lifted its holdings in shares of iShares Short Treasury Bond ETF by 6.5% in the third quarter. Cassaday & Co Wealth Management LLC now owns 2,396 shares of the company’s stock valued at $265,000 after purchasing an additional 146 shares in the last quarter. MidAtlantic Capital Management Inc. bought a new position in shares of iShares Short Treasury Bond ETF during the third quarter worth about $48,000. Baron Wealth Management LLC raised its position in iShares Short Treasury Bond ETF by 21.8% in the 3rd quarter. Baron Wealth Management LLC now owns 3,953 shares of the company’s stock valued at $437,000 after buying an additional 707 shares during the last quarter. Finally, Fortis Advisors LLC lifted its stake in iShares Short Treasury Bond ETF by 1.3% in the 3rd quarter. Fortis Advisors LLC now owns 7,736 shares of the company’s stock valued at $856,000 after acquiring an additional 99 shares in the last quarter. 7.10% of the stock is currently owned by institutional investors and hedge funds.

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.