iShares Short Treasury Bond ETF (NASDAQ:SHV) Sees Unusually-High Trading Volume

iShares Short Treasury Bond ETF (NASDAQ:SHV) saw unusually-high trading volume on Monday . Approximately 2,610,616 shares changed hands during mid-day trading, an increase of 1% from the previous session’s volume of 2,579,794 shares.The stock last traded at $110.63 and had previously closed at $110.63.

iShares Short Treasury Bond ETF Price Performance

The stock’s 50-day moving average price is $110.39 and its two-hundred day moving average price is $110.32.

iShares Short Treasury Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.4755 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

Institutional Investors Weigh In On iShares Short Treasury Bond ETF

Several large investors have recently made changes to their positions in SHV. Sanctuary Advisors LLC bought a new stake in iShares Short Treasury Bond ETF in the second quarter worth about $4,276,000. Heritage Oak Wealth Advisors LLC purchased a new stake in iShares Short Treasury Bond ETF in the 2nd quarter valued at about $1,466,000. Cetera Investment Advisers boosted its holdings in shares of iShares Short Treasury Bond ETF by 17.3% in the second quarter. Cetera Investment Advisers now owns 544,432 shares of the company’s stock valued at $60,160,000 after purchasing an additional 80,165 shares during the period. Heartland Bank & Trust Co increased its stake in shares of iShares Short Treasury Bond ETF by 4.1% during the second quarter. Heartland Bank & Trust Co now owns 51,182 shares of the company’s stock valued at $5,656,000 after buying an additional 2,006 shares during the period. Finally, Ted Buchan & Co purchased a new stake in iShares Short Treasury Bond ETF during the second quarter worth $633,000. 7.10% of the stock is 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.