Dock Street Asset Management Inc. Sells 13,609 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

Dock Street Asset Management Inc. trimmed its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 40.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,082 shares of the company’s stock after selling 13,609 shares during the period. iShares 3-7 Year Treasury Bond ETF accounts for about 0.2% of Dock Street Asset Management Inc.’s investment portfolio, making the stock its 27th biggest holding. Dock Street Asset Management Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $2,397,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in iShares 3-7 Year Treasury Bond ETF during the 2nd quarter worth $25,000. Asset Dedication LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 3rd quarter valued at $28,000. Ancora Advisors LLC lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 48.6% in the 3rd quarter. Ancora Advisors LLC now owns 260 shares of the company’s stock valued at $31,000 after purchasing an additional 85 shares during the period. AlphaCore Capital LLC lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 1,195.2% in the 3rd quarter. AlphaCore Capital LLC now owns 272 shares of the company’s stock valued at $33,000 after purchasing an additional 251 shares during the period. Finally, Delos Wealth Advisors LLC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 2nd quarter worth $34,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ:IEI opened at $118.60 on Wednesday. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $116.62 and a 12-month high of $120.78. The stock’s fifty day simple moving average is $119.28 and its 200-day simple moving average is $119.50.

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 issued a dividend of $0.3312 per share. 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.