iShares Short Treasury Bond ETF (NYSE:SHV) Sees Strong Trading Volume – Here’s Why

Shares of iShares Short Treasury Bond ETF (NYSE:SHV – Get Free Report) saw strong trading volume on Wednesday. 3,171,351 shares traded hands during trading, an increase of 10% from the previous session’s volume of 2,871,241 shares. The stock last traded at $110.31 and had previously closed at $110.28.

iShares Short Treasury Bond ETF Trading Up 0.0%

The company’s fifty day moving average is $110.22 and its 200 day moving average is $110.23.

Institutional Investors Weigh In On iShares Short Treasury Bond ETF

Large investors have recently made changes to their positions in the business. LPL Financial LLC lifted its stake in iShares Short Treasury Bond ETF by 18.6% in the fourth quarter. LPL Financial LLC now owns 3,063,342 shares of the company’s stock worth $337,427,000 after acquiring an additional 479,397 shares during the period. Wealthfront Advisers LLC increased its position in iShares Short Treasury Bond ETF by 26.6% during the 1st quarter. Wealthfront Advisers LLC now owns 2,048,039 shares of the company’s stock valued at $226,083,000 after purchasing an additional 430,574 shares during the period. Royal Bank of Canada raised its holdings in iShares Short Treasury Bond ETF by 53.4% in the 1st quarter. Royal Bank of Canada now owns 1,369,661 shares of the company’s stock worth $151,197,000 after purchasing an additional 477,064 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. raised its holdings in iShares Short Treasury Bond ETF by 7.0% in the 4th quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,331,705 shares of the company’s stock worth $147,012,000 after purchasing an additional 86,634 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its position in shares of iShares Short Treasury Bond ETF by 11.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 528,070 shares of the company’s stock worth $58,167,000 after purchasing an additional 56,247 shares during the period. 7.10% of the stock is currently owned by institutional investors.

iShares Short Treasury Bond ETF Company Profile

(Get Free Report)

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.

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