iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Short Interest Update

iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totalling 1,210,000 shares, a decline of 7.6% from the May 31st total of 1,310,000 shares. Based on an average daily trading volume, of 1,383,500 shares, the short-interest ratio is presently 0.9 days.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:IEI traded up $0.44 during trading on Wednesday, reaching $115.40. The stock had a trading volume of 878,141 shares, compared to its average volume of 1,620,966. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $111.45 and a 52 week high of $117.79. The business’s 50-day moving average price is $114.80 and its 200 day moving average price is $115.46.

iShares 3-7 Year Treasury Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, July 5th. Stockholders of record on Monday, July 1st will be paid a $0.3012 dividend. The ex-dividend date is Monday, July 1st. This represents a $3.61 dividend on an annualized basis and a dividend yield of 3.13%.

Institutional Trading of iShares 3-7 Year Treasury Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in IEI. Valmark Advisers Inc. grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 2.5% during the 4th quarter. Valmark Advisers Inc. now owns 3,590 shares of the company’s stock worth $420,000 after buying an additional 89 shares during the period. Valley Wealth Managers Inc. lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 2.5% during the 1st quarter. Valley Wealth Managers Inc. now owns 3,669 shares of the company’s stock valued at $425,000 after purchasing an additional 89 shares in the last quarter. Members Trust Co lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 2.8% during the 1st quarter. Members Trust Co now owns 3,644 shares of the company’s stock valued at $422,000 after purchasing an additional 99 shares in the last quarter. Flagstar Advisors Inc. lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 5.2% during the 1st quarter. Flagstar Advisors Inc. now owns 2,027 shares of the company’s stock valued at $235,000 after purchasing an additional 101 shares in the last quarter. Finally, Fortune Financial Advisors LLC lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 0.4% during the 4th quarter. Fortune Financial Advisors LLC now owns 23,322 shares of the company’s stock valued at $2,732,000 after purchasing an additional 102 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).