iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Reaches New 12-Month Low – Should You Sell?

iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as $116.42 and last traded at $116.42, with a volume of 93380 shares. The stock had previously closed at $116.55.

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

The company has a fifty day simple moving average of $117.07 and a two-hundred day simple moving average of $118.30.

iShares 3-7 Year Treasury Bond ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a $0.3625 dividend. The ex-dividend date of this dividend was Wednesday, July 1st.

Institutional Trading of iShares 3-7 Year Treasury Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the company. D.A. Davidson & CO. raised its position in iShares 3-7 Year Treasury Bond ETF by 85.4% during the 4th quarter. D.A. Davidson & CO. now owns 75,696 shares of the company’s stock worth $9,034,000 after purchasing an additional 34,864 shares during the last quarter. 4J Wealth Management LLC grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 28.7% in the 4th quarter. 4J Wealth Management LLC now owns 54,012 shares of the company’s stock valued at $6,446,000 after buying an additional 12,060 shares during the last quarter. Strategic Point Investment Advisors LLC grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 3.4% in the 4th quarter. Strategic Point Investment Advisors LLC now owns 614,843 shares of the company’s stock valued at $73,382,000 after buying an additional 20,002 shares during the last quarter. Willis Johnson & Associates Inc. increased its stake in shares of iShares 3-7 Year Treasury Bond ETF by 17.4% in the fourth quarter. Willis Johnson & Associates Inc. now owns 304,433 shares of the company’s stock valued at $36,334,000 after buying an additional 45,225 shares during the period. Finally, Net Worth Advisory Group acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at about $540,000.

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). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to three years and less than seven years. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.