FLP Wealth Management LLC Cuts Stock Position in iShares 3-7 Year Treasury Bond ETF $IEI

FLP Wealth Management LLC reduced its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 78.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,910 shares of the company’s stock after selling 6,904 shares during the period. iShares 3-7 Year Treasury Bond ETF makes up 0.2% of FLP Wealth Management LLC’s portfolio, making the stock its 27th largest holding. FLP Wealth Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $228,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Migdal Insurance & Financial Holdings Ltd. bought a new position in iShares 3-7 Year Treasury Bond ETF during the second quarter valued at $25,000. Asset Dedication LLC bought a new position in iShares 3-7 Year Treasury Bond ETF in the 3rd quarter worth about $28,000. Ancora Advisors LLC increased its holdings in iShares 3-7 Year Treasury Bond ETF by 48.6% during the 3rd quarter. Ancora Advisors LLC now owns 260 shares of the company’s stock worth $31,000 after purchasing an additional 85 shares during the period. AlphaCore Capital LLC raised its position in iShares 3-7 Year Treasury Bond ETF by 1,195.2% during 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 in the last quarter. Finally, Delos Wealth Advisors LLC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 2nd quarter worth $34,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of iShares 3-7 Year Treasury Bond ETF stock opened at $118.29 on Friday. The stock’s fifty day moving average price is $119.23 and its 200-day moving average price is $119.47. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $116.62 and a 12 month high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st will be issued a $0.3615 dividend. The ex-dividend date is Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 3.7%. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.33.

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.