iShares Short Treasury Bond ETF (NASDAQ:SHV) Sees Strong Trading Volume – Here’s What Happened

iShares Short Treasury Bond ETF (NASDAQ:SHV) saw unusually-high trading volume on Monday . Approximately 5,992,255 shares changed hands during mid-day trading, an increase of 3% from the previous session’s volume of 5,833,995 shares.The stock last traded at $110.38 and had previously closed at $110.36.

iShares Short Treasury Bond ETF Price Performance

The stock has a 50 day moving average of $110.22 and a 200 day moving average of $110.31.

iShares Short Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a dividend of $0.4033 per share. The ex-dividend date of this dividend was Monday, February 3rd.

Institutional Trading of iShares Short Treasury Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Whalen Wealth Management Inc. increased its holdings in shares of iShares Short Treasury Bond ETF by 9.5% in the third quarter. Whalen Wealth Management Inc. now owns 48,398 shares of the company’s stock worth $5,354,000 after buying an additional 4,205 shares during the period. Savant Capital LLC increased its stake in iShares Short Treasury Bond ETF by 188.4% in the 4th quarter. Savant Capital LLC now owns 7,281 shares of the company’s stock worth $802,000 after purchasing an additional 4,756 shares during the period. Kestra Private Wealth Services LLC lifted its position in iShares Short Treasury Bond ETF by 8.4% in the fourth quarter. Kestra Private Wealth Services LLC now owns 4,247 shares of the company’s stock valued at $468,000 after purchasing an additional 329 shares during the last quarter. Quantinno Capital Management LP grew its holdings in shares of iShares Short Treasury Bond ETF by 12.0% in the third quarter. Quantinno Capital Management LP now owns 2,802 shares of the company’s stock worth $310,000 after purchasing an additional 300 shares during the last quarter. Finally, Signaturefd LLC increased its stake in shares of iShares Short Treasury Bond ETF by 6.0% in the third quarter. Signaturefd LLC now owns 2,963 shares of the company’s stock worth $328,000 after buying an additional 169 shares during the period. Hedge funds and other institutional investors 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.