iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Reaches New 1-Year Low – What’s Next?

iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) shares reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $117.00 and last traded at $117.01, with a volume of 85196 shares trading hands. The stock had previously closed at $117.46.

iShares 3-7 Year Treasury Bond ETF Stock Down 0.4%

The business has a 50 day moving average of $118.48 and a 200 day moving average of $119.19.

iShares 3-7 Year Treasury Bond ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were given a dividend of $0.3597 per share. The ex-dividend date was Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 3.7%.

Institutional Trading of iShares 3-7 Year Treasury Bond ETF

Large investors have recently bought and sold shares of the company. Asempa Wealth Advisors purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at approximately $926,000. TD Waterhouse Canada Inc. increased its position in iShares 3-7 Year Treasury Bond ETF by 94.4% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 9,345 shares of the company’s stock valued at $1,116,000 after buying an additional 4,537 shares in the last quarter. Spartan Planning & Wealth Management raised its stake in iShares 3-7 Year Treasury Bond ETF by 192.4% during the fourth quarter. Spartan Planning & Wealth Management now owns 136,057 shares of the company’s stock valued at $16,238,000 after buying an additional 89,526 shares during the last quarter. Central Pacific Bank Trust Division purchased a new position in iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at $1,435,000. Finally, Cabot Wealth Management Inc. boosted its stake in iShares 3-7 Year Treasury Bond ETF by 7.7% in the 3rd quarter. Cabot Wealth Management Inc. now owns 242,845 shares of the company’s stock worth $29,022,000 after purchasing an additional 17,425 shares in the last quarter.

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.