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

iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)’s share price reached a new 52-week high on Friday . The stock traded as high as $120.60 and last traded at $120.60, with a volume of 3065 shares traded. The stock had previously closed at $120.38.

iShares 3-7 Year Treasury Bond ETF Price Performance

The company’s 50-day moving average is $119.49 and its 200 day moving average is $119.58.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a dividend of $0.367 per share. This represents a c) dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend was Monday, February 2nd.

Institutional Trading of iShares 3-7 Year Treasury Bond ETF

Several large investors have recently made changes to their positions in IEI. Ancora Advisors LLC raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 48.6% in the third quarter. Ancora Advisors LLC now owns 260 shares of the company’s stock valued at $31,000 after buying an additional 85 shares during the last quarter. MorganRosel Wealth Management LLC increased its position 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 acquiring an additional 87 shares in the last quarter. Meridian Wealth Management LLC raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 0.6% in the second quarter. Meridian Wealth Management LLC now owns 14,748 shares of the company’s stock worth $1,756,000 after acquiring an additional 90 shares during the last quarter. Channel Wealth LLC lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 2.4% during the third quarter. Channel Wealth LLC now owns 4,178 shares of the company’s stock worth $499,000 after purchasing an additional 96 shares in the last quarter. Finally, Omega Financial Group LLC lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 2.4% during the third quarter. Omega Financial Group LLC now owns 4,178 shares of the company’s stock worth $499,000 after purchasing an additional 96 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.