Evergreen Capital Management LLC Has $89.38 Million Stock Position in iShares 3-7 Year Treasury Bond ETF $IEI

Evergreen Capital Management LLC trimmed its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 2.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 748,901 shares of the company’s stock after selling 21,684 shares during the quarter. iShares 3-7 Year Treasury Bond ETF accounts for approximately 2.0% of Evergreen Capital Management LLC’s investment portfolio, making the stock its 4th largest holding. Evergreen Capital Management LLC owned approximately 0.50% of iShares 3-7 Year Treasury Bond ETF worth $89,381,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in IEI. Country Trust Bank bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth $25,000. Asset Dedication LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the third quarter worth $28,000. Key Capital Management INC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth $28,000. Ancora Advisors LLC lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 48.6% during the third quarter. Ancora Advisors LLC now owns 260 shares of the company’s stock worth $31,000 after purchasing an additional 85 shares during the last quarter. Finally, AlphaCore Capital LLC lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 1,195.2% during the third quarter. AlphaCore Capital LLC now owns 272 shares of the company’s stock worth $33,000 after purchasing an additional 251 shares during the last quarter.

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

NASDAQ:IEI opened at $118.92 on Tuesday. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $116.89 and a twelve month high of $120.78. The stock has a fifty day simple moving average of $119.10 and a 200-day simple moving average of $119.39.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st were issued a $0.3615 dividend. The ex-dividend date was Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 3.6%. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.33.

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.