iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Sets New 1-Year Low – Here’s What Happened

iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)’s share price hit a new 52-week low during trading on Tuesday . The stock traded as low as $115.40 and last traded at $115.40, with a volume of 1693 shares. The stock had previously closed at $116.17.

iShares 3-7 Year Treasury Bond ETF Stock Performance

The stock’s fifty day simple moving average is $116.73 and its 200-day simple moving average is $117.78.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were issued a $0.379 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 3.9%.

Institutional Trading of iShares 3-7 Year Treasury Bond ETF

Hedge funds have recently bought and sold shares of the business. Cardinal Strategic Wealth Guidance purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 1st quarter valued at $25,000. Howe & Rusling Inc. grew its position in iShares 3-7 Year Treasury Bond ETF by 111.0% during the first quarter. Howe & Rusling Inc. now owns 211 shares of the company’s stock valued at $25,000 after buying an additional 111 shares during the period. Kingdom Financial Group LLC. purchased a new stake in iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth about $26,000. Ankerstar Wealth LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth about $30,000. Finally, Ancora Advisors LLC increased its stake in shares of 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.

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.