iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Sees Unusually-High Trading Volume – Time to Buy?

iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) saw strong trading volume on Monday . 2,319,304 shares changed hands during trading, an increase of 37% from the previous session’s volume of 1,693,843 shares.The stock last traded at $117.32 and had previously closed at $117.76.

iShares 3-7 Year Treasury Bond ETF Price Performance

The stock’s fifty day simple moving average is $116.48 and its 200-day simple moving average is $116.91.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed 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 Trading of iShares 3-7 Year Treasury Bond ETF

A number of large investors have recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 11.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 126,538 shares of the company’s stock valued at $14,622,000 after buying an additional 12,570 shares during the last quarter. NorthCrest Asset Manangement LLC grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 0.5% in the fourth quarter. NorthCrest Asset Manangement LLC now owns 39,332 shares of the company’s stock valued at $4,545,000 after purchasing an additional 191 shares during the period. Anchor Pointe Wealth Management LLC purchased a new position in iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth about $1,071,000. Heck Capital Advisors LLC purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth about $4,834,000. Finally, Great Valley Advisor Group Inc. grew its holdings in iShares 3-7 Year Treasury Bond ETF by 7.0% in the fourth quarter. Great Valley Advisor Group Inc. now owns 49,820 shares of the company’s stock valued at $5,757,000 after purchasing an additional 3,271 shares during the period.

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).