iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Hits New 12-Month Low at $115.92

iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEIGet Rating) hit a new 52-week low on Monday . The stock traded as low as $115.92 and last traded at $115.97, with a volume of 26379 shares trading hands. The stock had previously closed at $116.31.

iShares 3-7 Year Treasury Bond ETF Price Performance

The company has a 50-day moving average price of $118.81 and a two-hundred day moving average price of $119.82.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, September 8th. Stockholders of record on Friday, September 2nd were given a $0.152 dividend. The ex-dividend date was Thursday, September 1st. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.14. This represents a $1.82 annualized dividend and a dividend yield of 1.58%.

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

Several hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 322.5% in the second quarter. JPMorgan Chase & Co. now owns 11,057,170 shares of the company’s stock valued at $1,319,563,000 after purchasing an additional 8,440,188 shares in the last quarter. Personal Capital Advisors Corp boosted its stake in iShares 3-7 Year Treasury Bond ETF by 1.8% during the second quarter. Personal Capital Advisors Corp now owns 5,488,997 shares of the company’s stock valued at $655,056,000 after buying an additional 94,792 shares during the period. CFS Investment Advisory Services LLC boosted its stake in iShares 3-7 Year Treasury Bond ETF by 12,122.4% during the first quarter. CFS Investment Advisory Services LLC now owns 4,160,250 shares of the company’s stock valued at $279,000 after buying an additional 4,126,212 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in iShares 3-7 Year Treasury Bond ETF by 924.0% during the first quarter. Charles Schwab Investment Management Inc. now owns 2,260,950 shares of the company’s stock valued at $275,948,000 after buying an additional 2,040,151 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich boosted its stake in iShares 3-7 Year Treasury Bond ETF by 36.0% during the second quarter. Bank Julius Baer & Co. Ltd Zurich now owns 2,244,322 shares of the company’s stock valued at $267,837,000 after buying an additional 593,846 shares during the period.

About iShares 3-7 Year Treasury Bond ETF

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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).

Further Reading

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