iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Hits New 52-Week High at $120.25

iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $120.25 and last traded at $120.24, with a volume of 379198 shares traded. The stock had previously closed at $120.08.

iShares 3-7 Year Treasury Bond ETF Stock Up 0.1 %

The stock has a fifty day moving average of $118.06 and a 200-day moving average of $116.03.

iShares 3-7 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.3197 per share. The ex-dividend date was Tuesday, September 3rd.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of IEI. Scarborough Advisors LLC purchased a new position in iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at about $32,000. Salem Investment Counselors Inc. grew its stake in iShares 3-7 Year Treasury Bond ETF by 94.2% in the first quarter. Salem Investment Counselors Inc. now owns 303 shares of the company’s stock valued at $35,000 after purchasing an additional 147 shares in the last quarter. Rothschild Investment LLC purchased a new position in iShares 3-7 Year Treasury Bond ETF in the second quarter valued at about $38,000. Abich Financial Wealth Management LLC grew its stake in iShares 3-7 Year Treasury Bond ETF by 2,264.3% in the first quarter. Abich Financial Wealth Management LLC now owns 331 shares of the company’s stock valued at $38,000 after purchasing an additional 317 shares in the last quarter. Finally, Nemes Rush Group LLC grew its stake in iShares 3-7 Year Treasury Bond ETF by 58.2% in the fourth quarter. Nemes Rush Group LLC now owns 348 shares of the company’s stock valued at $41,000 after purchasing an additional 128 shares in the last quarter.

About iShares 3-7 Year Treasury Bond ETF

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).