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

Posted by Teresa Graham on Dec 13th, 2024

Shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI – Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 2,181,702 shares traded hands during 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 Stock Performance

The stock’s fifty day moving average price is $116.86 and its two-hundred day moving average price is $117.22.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

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

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

A number of hedge funds have recently modified their holdings of the business. Fisher Asset Management LLC bought a new position in iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at $264,000. Sequoia Financial Advisors LLC grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 46.0% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 3,068 shares of the company’s stock worth $367,000 after purchasing an additional 967 shares during the period. Nisa Investment Advisors LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF in the second quarter valued at approximately $9,445,000. Crescent Grove Advisors LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the 2nd quarter worth $212,000. Finally, Raymond James Financial Services Advisors Inc. boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 3.0% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 189,793 shares of the company’s stock worth $21,915,000 after buying an additional 5,536 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Company Profile

(Get Free Report)

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).