Turim 21 Investimentos Ltda. Reduces Stake in iShares 3-7 Year Treasury Bond ETF $IEI

Turim 21 Investimentos Ltda. lowered its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 76.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 2,167 shares of the company’s stock after selling 7,048 shares during the quarter. Turim 21 Investimentos Ltda.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $259,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in IEI. JPMorgan Chase & Co. increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 37.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 16,513,521 shares of the company’s stock valued at $1,973,531,000 after acquiring an additional 4,523,903 shares during the last quarter. Captrust Financial Advisors increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 54.6% in the 3rd quarter. Captrust Financial Advisors now owns 5,643,321 shares of the company’s stock valued at $674,433,000 after acquiring an additional 1,992,633 shares during the last quarter. Dynasty Wealth Management LLC increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 97.3% in the 4th quarter. Dynasty Wealth Management LLC now owns 1,170,497 shares of the company’s stock valued at $139,699,000 after acquiring an additional 577,371 shares during the last quarter. OpenArc Corporate Advisory LLC purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at about $67,139,000. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 216.3% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 739,010 shares of the company’s stock valued at $88,319,000 after acquiring an additional 505,360 shares during the last quarter.

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

IEI opened at $117.49 on Wednesday. iShares 3-7 Year Treasury Bond ETF has a one year low of $116.51 and a one year high of $120.78. The business’s 50-day simple moving average is $117.77 and its 200-day simple moving average is $118.77.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were given a $0.3694 dividend. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%.

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.