140,704 Shares of iShares 3-7 Year Treasury Bond ETF $IEI Acquired by ETF Portfolio Partners Inc.

by · The Markets Daily

ETF Portfolio Partners Inc. bought a new stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI – Free Report) in the 3rd quarter, Holdings Channel reports. The institutional investor bought 140,704 shares of the company’s stock, valued at approximately $15,961,000. iShares 3-7 Year Treasury Bond ETF accounts for about 4.0% of ETF Portfolio Partners Inc.’s holdings, making the stock its 8th largest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Independence Financial Advisors LLC boosted its stake in shares of 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 valued at $20,983,000 after purchasing an additional 9,123 shares during the last quarter. Legacy Private Trust Co. acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at about $1,377,000. Bank of America Corp DE increased its position in 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 buying an additional 2,627,948 shares in the last quarter. Global Trust Asset Management LLC grew its stake in iShares 3-7 Year Treasury Bond ETF by 12.6% in the first quarter. Global Trust Asset Management LLC now owns 96,832 shares of the company’s stock valued at $11,484,000 after acquiring an additional 10,860 shares during the period. Finally, Waverly Advisors LLC lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 2.9% in the 2nd quarter. Waverly Advisors LLC now owns 468,365 shares of the company’s stock worth $55,009,000 after purchasing an additional 13,312 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Down 0.1%

iShares 3-7 Year Treasury Bond ETF stock opened at $114.67 on Friday. The firm’s fifty day moving average price is $114.73 and its two-hundred day moving average price is $116.42. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $112.88 and a 1-year high of $120.78.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were issued a dividend of $0.3683 per share. This is a decrease 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 yield of 3.9%. The ex-dividend date of this dividend was Thursday, October 1st.

iShares 3-7 Year Treasury Bond ETF Profile

(Free Report)

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.

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