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

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

iShares 3-7 Year Treasury Bond ETF Trading Down 0.3 %

The stock has a 50-day moving average of $118.81 and a 200 day moving average of $119.82.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, September 8th. Stockholders of record on Friday, September 2nd were given a dividend of $0.152 per share. The ex-dividend date of this dividend was Thursday, September 1st. This is a positive change 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

A number of hedge funds and other institutional investors have recently made changes to their positions in IEI. Carmichael Hill & Associates Inc. purchased a new position in iShares 3-7 Year Treasury Bond ETF in the second quarter valued at approximately $26,000. CoreCap Advisors LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the second quarter worth $26,000. Cordasco Financial Network increased its position in iShares 3-7 Year Treasury Bond ETF by 515.4% in the second quarter. Cordasco Financial Network now owns 240 shares of the company’s stock worth $29,000 after buying an additional 201 shares during the last quarter. Covestor Ltd purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the fourth quarter worth $31,000. Finally, Tyler Stone Wealth Management increased its position in iShares 3-7 Year Treasury Bond ETF by 50.9% in the first quarter. Tyler Stone Wealth Management now owns 252 shares of the company’s stock worth $31,000 after buying an additional 85 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Company Profile

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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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