NewEdge Advisors LLC Cuts Stake in iShares 3-7 Year Treasury Bond ETF $IEI

NewEdge Advisors LLC reduced its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 8.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 158,124 shares of the company’s stock after selling 14,031 shares during the period. NewEdge Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $18,572,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Howe & Rusling Inc. grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 111.0% in the 1st quarter. Howe & Rusling Inc. now owns 211 shares of the company’s stock worth $25,000 after buying an additional 111 shares during the last quarter. Cardinal Strategic Wealth Guidance bought a new position in shares of iShares 3-7 Year Treasury Bond ETF during the first quarter valued at approximately $25,000. Kingdom Financial Group LLC. bought a new position in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at approximately $26,000. Ankerstar Wealth LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the fourth quarter worth $30,000. Finally, Ancora Advisors LLC lifted its stake in iShares 3-7 Year Treasury Bond ETF by 48.6% in the third quarter. Ancora Advisors LLC now owns 260 shares of the company’s stock worth $31,000 after acquiring an additional 85 shares during the period.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of iShares 3-7 Year Treasury Bond ETF stock opened at $114.75 on Friday. The company’s fifty day simple moving average is $116.42 and its two-hundred day simple moving average is $117.53. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $114.71 and a 12-month high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were paid a dividend of $0.3713 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Tuesday, September 1st. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36.

About iShares 3-7 Year Treasury Bond ETF

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.