iShares Short Treasury Bond ETF (NASDAQ:SHV) Sees Unusually-High Trading Volume – Time to Buy?

Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) saw an uptick in trading volume on Thursday . 6,214,550 shares traded hands during mid-day trading, a decline of 3% from the previous session’s volume of 6,397,577 shares.The stock last traded at $110.25 and had previously closed at $110.23.

iShares Short Treasury Bond ETF Stock Up 0.0 %

The stock’s 50 day simple moving average is $110.28 and its two-hundred day simple moving average is $110.30.

iShares Short Treasury Bond ETF Cuts Dividend

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

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the stock. Fortis Advisors LLC lifted its stake in iShares Short Treasury Bond ETF by 1.3% in the third quarter. Fortis Advisors LLC now owns 7,736 shares of the company’s stock valued at $856,000 after buying an additional 99 shares in the last quarter. Destination Wealth Management lifted its position in shares of iShares Short Treasury Bond ETF by 0.9% in the third quarter. Destination Wealth Management now owns 10,667 shares of the company’s stock worth $1,180,000 after purchasing an additional 100 shares in the last quarter. Headlands Technologies LLC lifted its position in shares of iShares Short Treasury Bond ETF by 3.9% in the fourth quarter. Headlands Technologies LLC now owns 2,637 shares of the company’s stock worth $290,000 after purchasing an additional 100 shares in the last quarter. KWB Wealth lifted its position in shares of iShares Short Treasury Bond ETF by 1.3% in the fourth quarter. KWB Wealth now owns 8,531 shares of the company’s stock worth $944,000 after purchasing an additional 110 shares in the last quarter. Finally, Gladstone Institutional Advisory LLC lifted its position in shares of iShares Short Treasury Bond ETF by 2.2% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 5,039 shares of the company’s stock worth $555,000 after purchasing an additional 110 shares in the last quarter. 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.