iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Sets New 12-Month Low – Time to Sell?

iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $115.50 and last traded at $115.5650, with a volume of 1797202 shares. The stock had previously closed at $115.66.

iShares 3-7 Year Treasury Bond ETF Stock Performance

The firm’s fifty day moving average is $116.47 and its 200 day moving average is $117.56.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were given a dividend of $0.3713 per share. This represents a c) annualized dividend and a yield of 3.9%. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36. The ex-dividend date was Tuesday, September 1st.

Hedge Funds Weigh In On iShares 3-7 Year Treasury Bond ETF

A number of large investors have recently made changes to their positions in the company. Ancora Advisors LLC lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 48.6% during the 3rd quarter. Ancora Advisors LLC now owns 260 shares of the company’s stock worth $31,000 after purchasing an additional 85 shares during the last quarter. MorganRosel Wealth Management LLC grew its holdings in iShares 3-7 Year Treasury Bond ETF by 1.1% in the 4th quarter. MorganRosel Wealth Management LLC now owns 8,248 shares of the company’s stock valued at $984,000 after buying an additional 87 shares in the last quarter. JGP Wealth Management LLC grew its holdings in iShares 3-7 Year Treasury Bond ETF by 2.3% in the 2nd quarter. JGP Wealth Management LLC now owns 3,877 shares of the company’s stock valued at $455,000 after buying an additional 89 shares in the last quarter. Fairvoy Private Wealth LLC increased its position in iShares 3-7 Year Treasury Bond ETF by 1.9% during the 1st quarter. Fairvoy Private Wealth LLC now owns 5,736 shares of the company’s stock worth $680,000 after buying an additional 108 shares during the period. Finally, SouthState Bank Corp increased its position in iShares 3-7 Year Treasury Bond ETF by 5.1% during the 4th quarter. SouthState Bank Corp now owns 2,286 shares of the company’s stock worth $273,000 after buying an additional 111 shares during the period.

About iShares 3-7 Year Treasury Bond ETF

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.