PNC Financial Services Group Inc. Increases Stake in iShares 3-7 Year Treasury Bond ETF $IEI

PNC Financial Services Group Inc. grew its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 13.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 644,190 shares of the company’s stock after acquiring an additional 75,536 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $76,884,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Country Trust Bank purchased a new position in iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth about $25,000. Asset Dedication LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at approximately $28,000. Key Capital Management INC acquired a new position in iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth approximately $28,000. Ancora Advisors LLC increased its position in iShares 3-7 Year Treasury Bond ETF by 48.6% during the 3rd quarter. Ancora Advisors LLC now owns 260 shares of the company’s stock worth $31,000 after purchasing an additional 85 shares during the period. Finally, AlphaCore Capital LLC raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 1,195.2% during the 3rd quarter. AlphaCore Capital LLC now owns 272 shares of the company’s stock worth $33,000 after buying an additional 251 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

IEI opened at $117.14 on Thursday. The business has a 50 day simple moving average of $118.27 and a 200-day simple moving average of $119.11. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $116.51 and a 12 month high of $120.78.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were given a $0.3597 dividend. The ex-dividend date was Friday, May 1st. This represents a c) annualized dividend and a yield of 3.7%.

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.