iShares 3-7 Year Treasury Bond ETF $IEI Holdings Trimmed by Citigroup Inc.

Citigroup Inc. reduced its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 47.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 40,343 shares of the company’s stock after selling 36,230 shares during the quarter. Citigroup Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $4,821,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Migdal Insurance & Financial Holdings Ltd. acquired a new position in iShares 3-7 Year Treasury Bond ETF during the second quarter valued at $25,000. Delos Wealth Advisors LLC purchased a new position in iShares 3-7 Year Treasury Bond ETF during the 2nd quarter valued at about $34,000. Sound Income Strategies LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at about $36,000. Hanson & Doremus Investment Management increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 121.2% in the 3rd quarter. Hanson & Doremus Investment Management now owns 365 shares of the company’s stock valued at $44,000 after purchasing an additional 200 shares during the period. Finally, Greykasell Wealth Strategies Inc. purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the third quarter worth approximately $44,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI stock opened at $119.82 on Wednesday. The firm has a 50 day simple moving average of $119.51 and a 200 day simple moving average of $119.60. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $116.62 and a 52 week high of $120.78.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd will be paid a dividend of $0.3312 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%.

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). 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.