Mirae Asset Global Investments Co. Ltd. Sells 17,874 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

Mirae Asset Global Investments Co. Ltd. cut its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 19.4% during the third quarter, Holdings Channel reports. The institutional investor owned 74,487 shares of the company’s stock after selling 17,874 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $8,902,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Avion Wealth grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 111.8% during the 2nd quarter. Avion Wealth now owns 216 shares of the company’s stock worth $25,000 after purchasing an additional 114 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the second quarter valued at $25,000. LRI Investments LLC lifted its position in iShares 3-7 Year Treasury Bond ETF by 231.1% in the second quarter. LRI Investments LLC now owns 245 shares of the company’s stock worth $29,000 after purchasing an additional 171 shares during the period. Delos Wealth Advisors LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF during the second quarter worth $34,000. Finally, Sound Income Strategies LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF during the third quarter worth $36,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of IEI stock opened at $119.35 on Friday. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $115.18 and a 52-week high of $120.43. The firm has a fifty day moving average of $119.46 and a 200-day moving average of $119.40.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were given a $0.3711 dividend. This represents a c) annualized dividend and a yield of 3.7%. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.35. The ex-dividend date of this dividend was Friday, December 19th.

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.