Bank of New York Mellon Corp Acquires 111,822 Shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Bank of New York Mellon Corp increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 54.1% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 318,560 shares of the company’s stock after purchasing an additional 111,822 shares during the period. Bank of New York Mellon Corp owned 0.23% of iShares 3-7 Year Treasury Bond ETF worth $37,633,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Smallwood Wealth Investment Management LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF during the first quarter valued at $36,000. Crews Bank & Trust grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 487.0% in the first quarter. Crews Bank & Trust now owns 317 shares of the company’s stock valued at $37,000 after purchasing an additional 263 shares during the period. NBC Securities Inc. purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF in the first quarter worth about $38,000. Webster Bank N. A. lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 458.3% in the first quarter. Webster Bank N. A. now owns 335 shares of the company’s stock worth $40,000 after buying an additional 275 shares in the last quarter. Finally, Nemes Rush Group LLC purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF in the fourth quarter worth about $43,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

iShares 3-7 Year Treasury Bond ETF stock opened at $117.93 on Tuesday. The company’s 50 day simple moving average is $117.87 and its 200-day simple moving average is $117.22. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $114.51 and a 1 year high of $120.33.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, July 7th. Investors of record on Tuesday, July 1st were issued a $0.3422 dividend. The ex-dividend date of this dividend was Tuesday, July 1st.

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).