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

Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) saw unusually-high trading volume on Monday . Approximately 5,992,255 shares were traded during 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 Stock Performance

The business has a fifty day simple moving average of $110.23 and a two-hundred day simple moving average of $110.31.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.4033 dividend. The ex-dividend date was Monday, February 3rd.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of SHV. Whalen Wealth Management Inc. increased its position in shares of iShares Short Treasury Bond ETF by 9.5% during the 3rd quarter. Whalen Wealth Management Inc. now owns 48,398 shares of the company’s stock worth $5,354,000 after purchasing an additional 4,205 shares in the last quarter. Savant Capital LLC boosted its holdings in shares of 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 acquiring an additional 4,756 shares in the last quarter. Kestra Private Wealth Services LLC grew its position in iShares Short Treasury Bond ETF by 8.4% during the 4th quarter. Kestra Private Wealth Services LLC now owns 4,247 shares of the company’s stock worth $468,000 after acquiring an additional 329 shares during the last quarter. Quantinno Capital Management LP increased its holdings in iShares Short Treasury Bond ETF by 12.0% during the 3rd quarter. Quantinno Capital Management LP now owns 2,802 shares of the company’s stock valued at $310,000 after purchasing an additional 300 shares in the last quarter. Finally, Concord Wealth Partners raised its position in iShares Short Treasury Bond ETF by 42.7% in the 4th quarter. Concord Wealth Partners now owns 262,285 shares of the company’s stock valued at $28,880,000 after purchasing an additional 78,521 shares during 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.