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

iShares Short Treasury Bond ETF (NASDAQ:SHV) shares saw an uptick in trading volume on Wednesday . 2,573,732 shares changed hands during mid-day trading, a decline of 7% from the previous session’s volume of 2,773,596 shares.The stock last traded at $110.36 and had previously closed at $110.35.

iShares Short Treasury Bond ETF Trading Up 0.0 %

The business has a fifty day simple moving average of $110.38 and a 200-day simple moving average of $110.31.

iShares Short Treasury Bond ETF Cuts Dividend

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

Institutional Trading of iShares Short Treasury Bond ETF

Large investors have recently made changes to their positions in the company. EP Wealth Advisors LLC increased its stake in iShares Short Treasury Bond ETF by 48.9% during the 4th quarter. EP Wealth Advisors LLC now owns 3,635 shares of the company’s stock valued at $400,000 after purchasing an additional 1,193 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of iShares Short Treasury Bond ETF by 5.7% in the 4th quarter. PNC Financial Services Group Inc. now owns 12,328 shares of the company’s stock worth $1,358,000 after acquiring an additional 670 shares during the last quarter. Destiny Wealth Partners LLC lifted its position in iShares Short Treasury Bond ETF by 1.5% in the 1st quarter. Destiny Wealth Partners LLC now owns 167,164 shares of the company’s stock valued at $18,478,000 after acquiring an additional 2,420 shares in the last quarter. Signal Advisors Wealth LLC lifted its position in iShares Short Treasury Bond ETF by 54.0% in the 1st quarter. Signal Advisors Wealth LLC now owns 5,387 shares of the company’s stock valued at $596,000 after acquiring an additional 1,888 shares in the last quarter. Finally, Wedmont Private Capital acquired a new position in iShares Short Treasury Bond ETF during the 1st quarter valued at about $230,000. 7.10% of the stock is currently owned by institutional investors and hedge funds.

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.