iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Short Interest Update
by Jessica Moore · The Cerbat GemiShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI – Get Free Report) was the target of a large growth in short interest in January. As of January 30th, there was short interest totaling 1,066,516 shares, a growth of 33.5% from the January 15th total of 798,938 shares. Based on an average daily volume of 1,484,823 shares, the short-interest ratio is presently 0.7 days. Approximately 0.7% of the company’s stock are short sold. Approximately 0.7% of the company’s stock are short sold. Based on an average daily volume of 1,484,823 shares, the short-interest ratio is presently 0.7 days.
iShares 3-7 Year Treasury Bond ETF Price Performance
Shares of NASDAQ IEI traded up $0.32 during midday trading on Friday, reaching $120.14. The company’s stock had a trading volume of 2,193,025 shares, compared to its average volume of 1,721,817. The firm has a 50 day moving average price of $119.34 and a 200-day moving average price of $119.48. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $115.72 and a 12-month high of $120.43.
iShares 3-7 Year Treasury Bond ETF Cuts Dividend
The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a $0.367 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a yield of 3.7%.
Institutional Investors Weigh In On iShares 3-7 Year Treasury Bond ETF
Several large investors have recently made changes to their positions in IEI. JPMorgan Chase & Co. increased its holdings in iShares 3-7 Year Treasury Bond ETF by 7.2% during the fourth quarter. JPMorgan Chase & Co. now owns 17,694,417 shares of the company’s stock worth $2,111,829,000 after buying an additional 1,180,896 shares during the last quarter. Captrust Financial Advisors grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 54.6% during the 3rd quarter. Captrust Financial Advisors now owns 5,643,321 shares of the company’s stock valued at $674,433,000 after acquiring an additional 1,992,633 shares during the period. Financial Engines Advisors L.L.C. increased its stake in shares of iShares 3-7 Year Treasury Bond ETF by 0.8% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 4,287,913 shares of the company’s stock worth $511,762,000 after purchasing an additional 33,946 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of iShares 3-7 Year Treasury Bond ETF by 9.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 3,676,586 shares of the company’s stock worth $439,389,000 after purchasing an additional 311,613 shares during the last quarter. Finally, Assetmark Inc. raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 6.6% in the 4th quarter. Assetmark Inc. now owns 3,052,028 shares of the company’s stock worth $364,260,000 after purchasing an additional 190,019 shares during the period.
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.