iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Sees Large Volume Increase – Should You Buy?

iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) saw an uptick in trading volume on Tuesday . 1,166,255 shares changed hands during trading, an increase of 28% from the previous session’s volume of 914,469 shares.The stock last traded at $115.18 and had previously closed at $115.41.

iShares 3-7 Year Treasury Bond ETF Trading Down 0.2 %

The company has a fifty day moving average of $116.12 and a 200-day moving average of $117.29.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a dividend of $0.3303 per share. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.44%. The ex-dividend date was Wednesday, December 18th.

Institutional Investors Weigh In On iShares 3-7 Year Treasury Bond ETF

Large investors have recently made changes to their positions in the business. JPMorgan Chase & Co. raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 2.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,622,978 shares of the company’s stock worth $1,150,956,000 after purchasing an additional 226,138 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 4.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,828,308 shares of the company’s stock valued at $442,055,000 after buying an additional 157,810 shares during the last quarter. Captrust Financial Advisors grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 17,868.4% during the 3rd quarter. Captrust Financial Advisors now owns 2,647,641 shares of the company’s stock worth $316,671,000 after acquiring an additional 2,632,906 shares during the period. Cerity Partners LLC grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 7.5% during the 3rd quarter. Cerity Partners LLC now owns 2,035,960 shares of the company’s stock worth $243,511,000 after acquiring an additional 142,904 shares during the period. Finally, Creative Planning increased its holdings in iShares 3-7 Year Treasury Bond ETF by 0.7% in the 2nd quarter. Creative Planning now owns 1,871,564 shares of the company’s stock worth $216,110,000 after acquiring an additional 12,186 shares during 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).