iShares 3-7 Year Treasury Bond ETF $IEI Shares Acquired by Surience Private Wealth LLC

Surience Private Wealth LLC raised its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 312.9% during the third quarter, HoldingsChannel.com reports. The fund owned 86,346 shares of the company’s stock after purchasing an additional 65,435 shares during the period. iShares 3-7 Year Treasury Bond ETF makes up about 10.1% of Surience Private Wealth LLC’s holdings, making the stock its 3rd biggest holding. Surience Private Wealth LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $9,795,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 39.7% in the 1st 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 in the last quarter. Greenleaf Trust bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 2nd quarter valued at approximately $52,932,000. Assetmark Inc. increased its position in iShares 3-7 Year Treasury Bond ETF by 9.8% during the 1st quarter. Assetmark Inc. now owns 3,352,425 shares of the company’s stock worth $397,598,000 after purchasing an additional 300,397 shares in the last quarter. Courier Capital LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF during the 3rd quarter worth approximately $28,094,000. Finally, Weaver Capital Management LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF during the 1st quarter worth approximately $27,439,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

NASDAQ:IEI traded up $0.15 on Friday, hitting $114.24. The company had a trading volume of 2,101,380 shares, compared to its average volume of 1,864,326. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $112.88 and a 52 week high of $120.78. The firm has a 50 day moving average of $114.95 and a two-hundred day moving average of $116.56.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

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