Hsbc Holdings PLC Sells 30,342 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

Hsbc Holdings PLC trimmed its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 61.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,736 shares of the company’s stock after selling 30,342 shares during the period. Hsbc Holdings PLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $2,236,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. JPMorgan Chase & Co. boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 7.2% in the fourth quarter. JPMorgan Chase & Co. now owns 17,694,417 shares of the company’s stock worth $2,111,829,000 after acquiring an additional 1,180,896 shares during the period. Captrust Financial Advisors raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 5.0% during the 4th quarter. Captrust Financial Advisors now owns 5,924,603 shares of the company’s stock valued at $707,101,000 after purchasing an additional 281,282 shares during the period. Financial Engines Advisors L.L.C. raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 0.8% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 4,287,913 shares of the company’s stock valued at $511,762,000 after purchasing an additional 33,946 shares during the period. Assetmark Inc. raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 6.6% during the 4th quarter. Assetmark Inc. now owns 3,052,028 shares of the company’s stock valued at $364,260,000 after purchasing an additional 190,019 shares during the period. Finally, Ameriprise Financial Inc. lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 11.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,741,689 shares of the company’s stock worth $327,059,000 after purchasing an additional 290,112 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEI opened at $117.78 on Tuesday. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $116.51 and a 52 week high of $120.78. The business has a 50-day simple moving average of $117.56 and a two-hundred day simple moving average of $118.63.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a $0.3694 dividend. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36. 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.