iShares Short Treasury Bond ETF (NASDAQ:SHV) Sees Unusually-High Trading Volume – What’s Next?

Shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) saw strong trading volume on Friday . 2,742,567 shares were traded during mid-day trading, a decline of 6% from the previous session’s volume of 2,905,801 shares.The stock last traded at $110.23 and had previously closed at $110.19.

iShares Short Treasury Bond ETF Trading Up 0.0%

The stock’s fifty day moving average price is $110.26 and its two-hundred day moving average price is $110.28.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.342 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 3.7%.

Institutional Investors Weigh In On iShares Short Treasury Bond ETF

A number of large investors have recently modified their holdings of the business. JPL Wealth Management LLC bought a new stake in shares of iShares Short Treasury Bond ETF during the 3rd quarter worth $26,000. Godfrey Financial Associates Inc. bought a new position in iShares Short Treasury Bond ETF in the fourth quarter valued at about $35,000. LFA Lugano Financial Advisors SA bought a new position in iShares Short Treasury Bond ETF in the fourth quarter valued at about $39,000. International Assets Investment Management LLC acquired a new position in iShares Short Treasury Bond ETF during the fourth quarter worth about $43,000. Finally, Simplex Trading LLC raised its stake in iShares Short Treasury Bond ETF by 271.0% during the fourth quarter. Simplex Trading LLC now owns 397 shares of the company’s stock worth $44,000 after acquiring an additional 290 shares in the last quarter. Institutional investors and hedge funds 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. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.