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

Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) saw unusually-strong trading volume on Wednesday . Approximately 5,276,480 shares traded hands during mid-day trading, a decline of 21% from the previous session’s volume of 6,716,177 shares.The stock last traded at $110.40 and had previously closed at $110.39.

iShares Short Treasury Bond ETF Trading Up 0.0 %

The company has a 50-day moving average of $110.30 and a two-hundred day moving average of $110.30.

iShares Short Treasury Bond ETF Cuts Dividend

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

Institutional Investors Weigh In On iShares Short Treasury Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC lifted its position in iShares Short Treasury Bond ETF by 11.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,211,434 shares of the company’s stock valued at $133,391,000 after purchasing an additional 121,071 shares during the last quarter. Silver Oak Wealth Advisors Services LLC purchased a new stake in iShares Short Treasury Bond ETF during the fourth quarter valued at approximately $484,000. Centaurus Financial Inc. lifted its stake in shares of iShares Short Treasury Bond ETF by 15.5% in the 4th quarter. Centaurus Financial Inc. now owns 7,545 shares of the company’s stock valued at $831,000 after purchasing an additional 1,015 shares during the last quarter. American Investment Services Inc. lifted its stake in shares of iShares Short Treasury Bond ETF by 23.5% in the 4th quarter. American Investment Services Inc. now owns 41,433 shares of the company’s stock valued at $4,562,000 after purchasing an additional 7,873 shares during the last quarter. Finally, BridgePort Financial Solutions LLC purchased a new position in shares of iShares Short Treasury Bond ETF in the 4th quarter worth approximately $247,000. 7.10% of the stock is owned by 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.