iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) to Issue Dividend Increase – $0.37 Per Share

iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) announced a monthly dividend on Thursday, December 18th, NASDAQ Dividends reports. Investors of record on Friday, December 19th will be paid a dividend of 0.3711 per share on Wednesday, December 24th. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Friday, December 19th. This is a 6.0% increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.35.

iShares 3-7 Year Treasury Bond ETF Price Performance

IEI traded down $0.51 on Friday, reaching $119.34. The company had a trading volume of 1,365,327 shares, compared to its average volume of 1,956,980. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $114.51 and a 1 year high of $120.43. The stock has a 50-day moving average price of $119.78 and a 200-day moving average price of $119.12.

iShares 3-7 Year Treasury Bond ETF Company Profile

iShares 3-7 Year Treasury Bond ETF (the Fund), formerly iShares Barclays 3-7 Year Treasury Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Barclays Capital U.S. 3-7 Year Treasury Bond Index (the Index). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to three years and less than seven years. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.