iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Sees Strong Trading Volume – What’s Next?

iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) shares saw unusually-strong trading volume on Wednesday . Approximately 2,181,702 shares changed hands during mid-day trading, an increase of 41% from the previous session’s volume of 1,547,779 shares.The stock last traded at $116.94 and had previously closed at $116.85.

iShares 3-7 Year Treasury Bond ETF Price Performance

The company’s fifty day moving average price is $116.86 and its 200 day moving average price is $117.22.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, December 2nd were paid a dividend of $0.3111 per share. The ex-dividend date of this dividend was Monday, December 2nd.

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

Institutional investors have recently bought and sold shares of the stock. Bogart Wealth LLC grew its position in iShares 3-7 Year Treasury Bond ETF by 400.0% during the 3rd quarter. Bogart Wealth LLC now owns 225 shares of the company’s stock worth $27,000 after acquiring an additional 180 shares during the last quarter. Coston McIsaac & Partners raised its stake in iShares 3-7 Year Treasury Bond ETF by 113.0% during the 3rd quarter. Coston McIsaac & Partners now owns 294 shares of the company’s stock worth $35,000 after buying an additional 156 shares during the period. Richardson Financial Services Inc. increased its stake in iShares 3-7 Year Treasury Bond ETF by 494.1% during the 3rd quarter. Richardson Financial Services Inc. now owns 303 shares of the company’s stock worth $36,000 after purchasing an additional 252 shares in the last quarter. Rothschild Investment LLC bought a new stake in iShares 3-7 Year Treasury Bond ETF in the 2nd quarter valued at $38,000. Finally, Castleview Partners LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 65.2% during the third quarter. Castleview Partners LLC now owns 337 shares of the company’s stock worth $40,000 after buying an additional 133 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).