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

iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) was the target of a significant decline in short interest in December. As of December 15th, there was short interest totalling 1,300,000 shares, a decline of 16.1% from the November 30th total of 1,550,000 shares. Based on an average daily trading volume, of 1,421,000 shares, the days-to-cover ratio is currently 0.9 days.

iShares 3-7 Year Treasury Bond ETF Trading Down 0.1 %

NASDAQ IEI traded down $0.10 on Friday, hitting $115.10. 774,421 shares of the stock were exchanged, compared to its average volume of 1,540,155. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $113.16 and a fifty-two week high of $120.33. The company has a 50-day moving average price of $116.32 and a 200-day moving average price of $117.29.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a dividend of $0.3303 per share. The ex-dividend date was Wednesday, December 18th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.44%. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32.

Hedge Funds Weigh In On iShares 3-7 Year Treasury Bond ETF

Large investors have recently bought and sold shares of the business. JPMorgan Chase & Co. lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 2.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,622,978 shares of the company’s stock worth $1,150,956,000 after buying an additional 226,138 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in iShares 3-7 Year Treasury Bond ETF by 4.3% during the second quarter. Envestnet Asset Management Inc. now owns 3,828,308 shares of the company’s stock worth $442,055,000 after purchasing an additional 157,810 shares during the last quarter. Captrust Financial Advisors lifted its stake in iShares 3-7 Year Treasury Bond ETF by 17,868.4% during the third quarter. Captrust Financial Advisors now owns 2,647,641 shares of the company’s stock worth $316,671,000 after purchasing an additional 2,632,906 shares during the last quarter. Cerity Partners LLC boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 7.5% in the third quarter. Cerity Partners LLC now owns 2,035,960 shares of the company’s stock valued at $243,511,000 after purchasing an additional 142,904 shares in the last quarter. Finally, Creative Planning increased its stake in iShares 3-7 Year Treasury Bond ETF by 0.7% in the second quarter. Creative Planning now owns 1,871,564 shares of the company’s stock valued at $216,110,000 after purchasing an additional 12,186 shares during 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).