Family Asset Management LLC Lowers Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Family Asset Management LLC trimmed its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 74.0% in the fourth quarter, Holdings Channel reports. The firm owned 1,677 shares of the company’s stock after selling 4,769 shares during the period. Family Asset Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $196,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Hexagon Capital Partners LLC lifted its stake in iShares 3-7 Year Treasury Bond ETF by 895.5% during the 4th quarter. Hexagon Capital Partners LLC now owns 219 shares of the company’s stock worth $26,000 after acquiring an additional 197 shares in the last quarter. Nemes Rush Group LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF during the third quarter worth about $25,000. Howe & Rusling Inc. acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth about $30,000. Kozak & Associates Inc. purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at approximately $31,000. Finally, Halpern Financial Inc. acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at approximately $32,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

IEI traded down $0.08 during trading hours on Wednesday, hitting $114.43. 279,490 shares of the company’s stock were exchanged, compared to its average volume of 1,845,077. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $111.45 and a 12-month high of $119.19. The firm has a 50 day moving average of $114.82 and a 200 day moving average of $115.20.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were given a dividend of $0.2956 per share. This represents a $3.55 dividend on an annualized basis and a dividend yield of 3.10%. The ex-dividend date of this dividend was Wednesday, May 1st.

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).