Hsbc Holdings PLC Lowers Stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Hsbc Holdings PLC decreased its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 27.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 82,084 shares of the company’s stock after selling 31,014 shares during the period. Hsbc Holdings PLC owned approximately 0.06% of iShares 3-7 Year Treasury Bond ETF worth $9,485,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. SkyView Investment Advisors LLC purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the third quarter valued at about $29,676,000. World Investment Advisors LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF during the 3rd quarter worth approximately $1,054,000. Synovus Financial Corp raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 1.1% during the 3rd quarter. Synovus Financial Corp now owns 361,167 shares of the company’s stock worth $43,197,000 after buying an additional 3,800 shares in the last quarter. Franklin Resources Inc. raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 4.0% during the 3rd quarter. Franklin Resources Inc. now owns 238,815 shares of the company’s stock worth $28,104,000 after buying an additional 9,105 shares in the last quarter. Finally, Logan Capital Management Inc. acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at approximately $98,000.

iShares 3-7 Year Treasury Bond ETF Stock Up 0.2 %

Shares of IEI stock opened at $118.50 on Monday. The business’s fifty day moving average price is $117.62 and its 200 day moving average price is $116.66. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $113.16 and a 1-year high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st were paid a dividend of $0.3417 per share. The ex-dividend date was Tuesday, April 1st. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.33. This represents a $4.10 dividend on an annualized basis and a dividend yield of 3.46%.

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).