iShares 3-7 Year Treasury Bond ETF $IEI Stock Bought by Israel Discount Bank of New York

Israel Discount Bank of New York grew its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 72.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 25,024 shares of the company’s stock after acquiring an additional 10,492 shares during the period. iShares 3-7 Year Treasury Bond ETF comprises approximately 5.1% of Israel Discount Bank of New York’s investment portfolio, making the stock its 7th biggest position. Israel Discount Bank of New York’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $2,839,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Independence Financial Advisors LLC raised its holdings in iShares 3-7 Year Treasury Bond ETF by 5.2% in the 3rd quarter. Independence Financial Advisors LLC now owns 184,973 shares of the company’s stock worth $20,983,000 after purchasing an additional 9,123 shares during the period. Legacy Private Trust Co. acquired a new stake in iShares 3-7 Year Treasury Bond ETF in the third quarter valued at approximately $1,377,000. Bank of America Corp DE grew its holdings in iShares 3-7 Year Treasury Bond ETF by 39.7% in the first quarter. Bank of America Corp DE now owns 9,242,672 shares of the company’s stock valued at $1,096,181,000 after purchasing an additional 2,627,948 shares during the period. Weaver Capital Management LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF in the first quarter valued at approximately $27,439,000. Finally, Wit LLC increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 2.9% in the fourth quarter. Wit LLC now owns 2,089,070 shares of the company’s stock valued at $249,331,000 after buying an additional 59,373 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Down 0.2%

Shares of iShares 3-7 Year Treasury Bond ETF stock traded down $0.17 on Wednesday, reaching $113.39. The company’s stock had a trading volume of 859,789 shares, compared to its average volume of 1,856,136. The stock has a 50-day moving average price of $115.10 and a 200-day moving average price of $116.63. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $112.88 and a 52-week high of $120.78.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

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

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.