Northern Trust Corp Trims Stock Position in iShares 3-7 Year Treasury Bond ETF $IEI

Northern Trust Corp lessened its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 45.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 98,226 shares of the company’s stock after selling 82,305 shares during the quarter. Northern Trust Corp owned about 0.07% of iShares 3-7 Year Treasury Bond ETF worth $11,604,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Baird Financial Group Inc. increased its stake in iShares 3-7 Year Treasury Bond ETF by 45.4% in the 4th quarter. Baird Financial Group Inc. now owns 96,132 shares of the company’s stock valued at $11,108,000 after buying an additional 30,000 shares during the period. Cary Street Partners Financial LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth $928,000. Family Management Corp grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 150.0% during the 4th quarter. Family Management Corp now owns 565 shares of the company’s stock worth $65,000 after purchasing an additional 339 shares during the period. Forefront Analytics LLC grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 120.4% during the 4th quarter. Forefront Analytics LLC now owns 23,727 shares of the company’s stock worth $2,742,000 after purchasing an additional 12,961 shares during the period. Finally, Focus Partners Wealth grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 3.6% during the 4th quarter. Focus Partners Wealth now owns 671,664 shares of the company’s stock worth $77,615,000 after purchasing an additional 23,440 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Up 0.2%

NASDAQ:IEI opened at $119.60 on Friday. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $114.51 and a fifty-two week high of $120.33. The firm’s fifty day simple moving average is $118.66 and its 200-day simple moving average is $118.04.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, September 5th. Investors of record on Tuesday, September 2nd will be given a $0.3485 dividend. The ex-dividend date is Tuesday, September 2nd. This represents a c) annualized dividend and a dividend yield of 3.5%.

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).