Exchange Traded Concepts LLC Has $6.09 Million Position in iShares 3-7 Year Treasury Bond ETF $IEI

Exchange Traded Concepts LLC reduced its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 20.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 50,995 shares of the company’s stock after selling 13,059 shares during the period. Exchange Traded Concepts LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $6,094,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Wit LLC grew its stake in iShares 3-7 Year Treasury Bond ETF by 273,238.0% in the first quarter. Wit LLC now owns 4,802,548 shares of the company’s stock valued at $567,373,000 after purchasing an additional 4,800,791 shares in the last quarter. Captrust Financial Advisors lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 4.1% during the 2nd quarter. Captrust Financial Advisors now owns 3,650,688 shares of the company’s stock valued at $434,760,000 after buying an additional 142,100 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 11.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,741,689 shares of the company’s stock valued at $327,059,000 after buying an additional 290,112 shares in the last quarter. Assetmark Inc. increased its holdings in iShares 3-7 Year Treasury Bond ETF by 10.9% in the second quarter. Assetmark Inc. now owns 2,546,361 shares of the company’s stock worth $303,246,000 after buying an additional 250,180 shares during the last quarter. Finally, Clarity Financial LLC raised its position in iShares 3-7 Year Treasury Bond ETF by 126.8% during the third quarter. Clarity Financial LLC now owns 1,316,381 shares of the company’s stock valued at $157,321,000 after acquiring an additional 735,931 shares in the last quarter.

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

NASDAQ IEI opened at $119.13 on Wednesday. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $114.51 and a 12-month high of $120.43. The company has a 50 day moving average price of $119.74 and a two-hundred day moving average price of $119.18.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, December 24th. Investors of record on Friday, December 19th will be paid a $0.3711 dividend. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend is Friday, December 19th. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.35.

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.