iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Sees Unusually-High Trading Volume After Dividend Announcement

Shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) saw an uptick in trading volume on Monday following a dividend announcement from the company. 3,512,683 shares traded hands during mid-day trading, an increase of 132% from the previous session’s volume of 1,511,282 shares.The stock last traded at $117.50 and had previously closed at $117.79.

The newly announced dividend which will be paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd will be given a dividend of $0.3038 per share. The ex-dividend date of this dividend is Monday, March 3rd.

iShares 3-7 Year Treasury Bond ETF Stock Performance

The business has a 50 day moving average of $115.77 and a two-hundred day moving average of $117.06.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of IEI. Oppenheimer & Co. Inc. boosted its stake in iShares 3-7 Year Treasury Bond ETF by 0.7% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 13,078 shares of the company’s stock valued at $1,564,000 after purchasing an additional 88 shares during the last quarter. D L Carlson Investment Group Inc. boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 0.3% during the fourth quarter. D L Carlson Investment Group Inc. now owns 27,333 shares of the company’s stock valued at $3,158,000 after buying an additional 95 shares during the last quarter. Avidian Wealth Enterprises LLC grew its holdings in iShares 3-7 Year Treasury Bond ETF by 1.2% during the fourth quarter. Avidian Wealth Enterprises LLC now owns 8,034 shares of the company’s stock worth $928,000 after buying an additional 99 shares in the last quarter. FFT Wealth Management LLC raised its position in iShares 3-7 Year Treasury Bond ETF by 1.1% in the 4th quarter. FFT Wealth Management LLC now owns 9,131 shares of the company’s stock valued at $1,055,000 after buying an additional 99 shares during the last quarter. Finally, LGL Partners LLC lifted its stake in iShares 3-7 Year Treasury Bond ETF by 1.1% during the 4th quarter. LGL Partners LLC now owns 9,131 shares of the company’s stock valued at $1,055,000 after acquiring an additional 99 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).