iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Sees Large Volume Increase – Here’s Why

Shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) saw strong trading volume on Monday . 2,319,304 shares traded hands during trading, an increase of 37% from the previous session’s volume of 1,693,843 shares.The stock last traded at $117.32 and had previously closed at $117.76.

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

The company has a 50 day simple moving average of $116.42 and a 200-day simple moving average of $116.92.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a $0.3038 dividend. The ex-dividend date was Monday, March 3rd.

Institutional Trading of iShares 3-7 Year Treasury Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Fortitude Family Office LLC bought a new position in iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at $27,000. Smartleaf Asset Management LLC boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 72.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 250 shares of the company’s stock worth $29,000 after buying an additional 105 shares during the last quarter. PSI Advisors LLC boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 76.7% during the 4th quarter. PSI Advisors LLC now owns 334 shares of the company’s stock worth $39,000 after buying an additional 145 shares during the last quarter. Nemes Rush Group LLC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at about $43,000. Finally, Fourth Dimension Wealth LLC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at about $44,000.

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).