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

Shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) saw unusually-strong trading volume on Friday . Approximately 1,936,031 shares traded hands during mid-day trading, an increase of 17% from the previous session’s volume of 1,659,229 shares.The stock last traded at $117.39 and had previously closed at $117.54.

iShares 3-7 Year Treasury Bond ETF Price Performance

The stock’s 50-day moving average is $116.15 and its 200-day moving average is $117.01.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

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

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

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Oppenheimer & Co. Inc. lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 0.7% in the third quarter. Oppenheimer & Co. Inc. now owns 13,078 shares of the company’s stock worth $1,564,000 after purchasing an additional 88 shares in the last quarter. D L Carlson Investment Group Inc. lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 0.3% in the fourth quarter. D L Carlson Investment Group Inc. now owns 27,333 shares of the company’s stock worth $3,158,000 after purchasing an additional 95 shares in the last quarter. Avidian Wealth Enterprises LLC lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 1.2% in the fourth quarter. Avidian Wealth Enterprises LLC now owns 8,034 shares of the company’s stock worth $928,000 after purchasing an additional 99 shares in the last quarter. FFT Wealth Management LLC lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 1.1% in the fourth quarter. FFT Wealth Management LLC now owns 9,131 shares of the company’s stock worth $1,055,000 after purchasing an additional 99 shares in the last quarter. Finally, LGL Partners LLC increased its holdings in iShares 3-7 Year Treasury Bond ETF by 1.1% in the fourth quarter. LGL Partners LLC now owns 9,131 shares of the company’s stock worth $1,055,000 after buying an additional 99 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).