iShares Short Treasury Bond ETF (NASDAQ:SHV) Hits New 1-Year High at $110.61

Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) reached a new 52-week high on Friday . The company traded as high as $110.61 and last traded at $110.60, with a volume of 612714 shares traded. The stock had previously closed at $110.56.

iShares Short Treasury Bond ETF Stock Performance

The business’s 50-day moving average price is $110.34 and its two-hundred day moving average price is $110.31.

iShares Short Treasury Bond ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, August 6th. Shareholders of record on Thursday, August 1st were issued a $0.4879 dividend. The ex-dividend date was Thursday, August 1st.

Institutional Investors Weigh In On iShares Short Treasury Bond ETF

A number of hedge funds have recently added to or reduced their stakes in SHV. International Assets Investment Management LLC bought a new stake in iShares Short Treasury Bond ETF in the fourth quarter worth about $16,562,000. Precision Wealth Strategies LLC increased its stake in iShares Short Treasury Bond ETF by 5.1% in the 4th quarter. Precision Wealth Strategies LLC now owns 18,404 shares of the company’s stock worth $2,027,000 after purchasing an additional 889 shares in the last quarter. Aveo Capital Partners LLC increased its stake in iShares Short Treasury Bond ETF by 62.6% in the 4th quarter. Aveo Capital Partners LLC now owns 3,266 shares of the company’s stock worth $360,000 after purchasing an additional 1,257 shares in the last quarter. Benjamin F. Edwards & Company Inc. purchased a new position in iShares Short Treasury Bond ETF in the 4th quarter worth about $63,000. Finally, Merit Financial Group LLC purchased a new position in iShares Short Treasury Bond ETF in the 4th quarter worth about $1,858,000. 7.10% of the stock is currently owned by institutional investors.

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.