Riggs Asset Managment Co. Inc. Has $409,000 Stock Position in iShares 3-7 Year Treasury Bond ETF $IEI

Riggs Asset Managment Co. Inc. lessened its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 80.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,420 shares of the company’s stock after selling 13,743 shares during the quarter. Riggs Asset Managment Co. Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $409,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in IEI. JPMorgan Chase & Co. increased its position in 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 buying an additional 4,523,903 shares in the last quarter. Clarity Financial LLC raised its stake in iShares 3-7 Year Treasury Bond ETF by 126.8% during the 3rd quarter. Clarity Financial LLC now owns 1,316,381 shares of the company’s stock worth $157,321,000 after buying an additional 735,931 shares during the period. Benjamin Edwards Inc. boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 399.4% in the second quarter. Benjamin Edwards Inc. now owns 594,833 shares of the company’s stock worth $70,839,000 after acquiring an additional 475,718 shares in the last quarter. Dynasty Wealth Management LLC boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 120.8% in the third quarter. Dynasty Wealth Management LLC now owns 593,126 shares of the company’s stock worth $70,885,000 after acquiring an additional 324,503 shares in the last quarter. Finally, Assetmark Inc. grew its stake in iShares 3-7 Year Treasury Bond ETF by 12.4% in the third quarter. Assetmark Inc. now owns 2,862,009 shares of the company’s stock valued at $342,039,000 after acquiring an additional 315,648 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 $119.41 on Friday. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $116.62 and a 52 week high of $120.78. The stock has a 50 day moving average price of $119.52 and a two-hundred day moving average price of $119.61.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a $0.3312 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.3%.

iShares 3-7 Year Treasury Bond ETF 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.