iShares 3-7 Year Treasury Bond ETF $IEI Stock Sold by Robertson Stephens Wealth Management LLC

Robertson Stephens Wealth Management LLC lessened its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 10.7% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 38,189 shares of the company’s stock after selling 4,588 shares during the period. Robertson Stephens Wealth Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $4,332,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its stake in iShares 3-7 Year Treasury Bond ETF by 39.7% during the first quarter. Bank of America Corp DE now owns 9,242,672 shares of the company’s stock worth $1,096,181,000 after purchasing an additional 2,627,948 shares in the last quarter. Assetmark Inc. boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 9.8% during the first quarter. Assetmark Inc. now owns 3,352,425 shares of the company’s stock worth $397,598,000 after buying an additional 300,397 shares during the period. Greenleaf Trust purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF during the second quarter worth $52,932,000. Royal Bank of Canada grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 0.5% in the first quarter. Royal Bank of Canada now owns 1,113,025 shares of the company’s stock valued at $132,004,000 after buying an additional 5,121 shares in the last quarter. Finally, Strategic Point Investment Advisors LLC grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 4.3% in the second quarter. Strategic Point Investment Advisors LLC now owns 667,170 shares of the company’s stock valued at $78,359,000 after buying an additional 27,780 shares in the last quarter.

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

IEI stock opened at $114.24 on Friday. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $112.88 and a 12-month high of $120.78. The business’s fifty day moving average price is $114.95 and its 200 day moving average price is $116.56.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were issued a dividend of $0.3683 per share. This is a negative change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3713. The ex-dividend date was Thursday, October 1st. This represents a $4.42 dividend on an annualized basis and a yield of 3.9%.

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.