Parallel Advisors LLC Decreases Stock Holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Parallel Advisors LLC lessened its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 59.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 435 shares of the company’s stock after selling 639 shares during the period. Parallel Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $51,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Stratos Wealth Partners LTD. grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 26.4% in the fourth quarter. Stratos Wealth Partners LTD. now owns 8,462 shares of the company’s stock valued at $978,000 after purchasing an additional 1,769 shares during the last quarter. Strategic Financial Concepts LLC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at approximately $1,683,000. Apollon Wealth Management LLC grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 5.3% in the fourth quarter. Apollon Wealth Management LLC now owns 5,433 shares of the company’s stock valued at $628,000 after purchasing an additional 272 shares during the last quarter. Kingsview Wealth Management LLC grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 2.6% in the fourth quarter. Kingsview Wealth Management LLC now owns 13,701 shares of the company’s stock valued at $1,583,000 after purchasing an additional 350 shares during the last quarter. Finally, Robinson Value Management Ltd. grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 1.5% in the fourth quarter. Robinson Value Management Ltd. now owns 22,650 shares of the company’s stock valued at $2,617,000 after purchasing an additional 332 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Trading Down 0.5%

IEI stock opened at $117.11 on Monday. The company’s 50 day simple moving average is $117.90 and its 200-day simple moving average is $116.88. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $114.51 and a 12 month high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were given a dividend of $0.3629 per share. The ex-dividend date of this dividend was Monday, June 2nd. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous dividend of $0.30.

iShares 3-7 Year Treasury Bond ETF 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).