iShares 3-7 Year Treasury Bond ETF $IEI Stock Position Lowered by Exchange Traded Concepts LLC

Exchange Traded Concepts LLC decreased its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 12.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 44,457 shares of the company’s stock after selling 6,538 shares during the period. Exchange Traded Concepts LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $5,306,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IEI. Global Retirement Partners LLC boosted its position in iShares 3-7 Year Treasury Bond ETF by 20.7% during the 3rd quarter. Global Retirement Partners LLC now owns 28,830 shares of the company’s stock worth $3,445,000 after acquiring an additional 4,938 shares during the period. MBL Wealth LLC grew its stake in iShares 3-7 Year Treasury Bond ETF by 4.8% during the 3rd quarter. MBL Wealth LLC now owns 209,779 shares of the company’s stock valued at $25,071,000 after acquiring an additional 9,581 shares in the last quarter. Asempa Wealth Advisors purchased a new position in iShares 3-7 Year Treasury Bond ETF during the 4th quarter valued at about $926,000. TD Waterhouse Canada Inc. increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 94.4% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 9,345 shares of the company’s stock valued at $1,116,000 after purchasing an additional 4,537 shares during the period. Finally, DAVENPORT & Co LLC lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 14.9% in the third quarter. DAVENPORT & Co LLC now owns 64,229 shares of the company’s stock worth $7,676,000 after purchasing an additional 8,353 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI stock opened at $118.43 on Tuesday. The firm has a 50 day simple moving average of $119.28 and a 200 day simple moving average of $119.51. 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 was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a $0.3312 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.4%.

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.