iShares 3-7 Year Treasury Bond ETF $IEI Shares Sold by Montecito Bank & Trust

Montecito Bank & Trust reduced its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 89.9% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 10,699 shares of the company’s stock after selling 94,914 shares during the quarter. Montecito Bank & Trust’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $1,214,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in IEI. JPMorgan Chase & Co. grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 7.2% during the 4th quarter. JPMorgan Chase & Co. now owns 17,694,417 shares of the company’s stock worth $2,111,829,000 after buying an additional 1,180,896 shares during the period. Bank of America Corp DE grew its holdings in iShares 3-7 Year Treasury Bond ETF by 39.7% during the 1st quarter. Bank of America Corp DE now owns 9,242,672 shares of the company’s stock worth $1,096,181,000 after acquiring an additional 2,627,948 shares during the period. Captrust Financial Advisors raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 5.0% during the 4th quarter. Captrust Financial Advisors now owns 5,924,603 shares of the company’s stock valued at $707,101,000 after acquiring an additional 281,282 shares during the last quarter. Assetmark Inc. raised its position in shares of 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 valued at $397,598,000 after acquiring an additional 300,397 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 11.4% in the 4th quarter. LPL Financial LLC now owns 2,454,299 shares of the company’s stock valued at $292,921,000 after purchasing an additional 250,345 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Down 0.0%

Shares of NASDAQ:IEI traded down $0.04 during midday trading on Thursday, hitting $113.40. The company had a trading volume of 5,765,167 shares, compared to its average volume of 1,802,488. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $112.88 and a 12 month high of $120.78. The firm has a fifty day simple moving average of $115.65 and a 200 day simple moving average of $116.96.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st will be paid a $0.3683 dividend. The ex-dividend date of this dividend is Thursday, October 1st. This is a negative change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3713. This represents a $4.42 annualized dividend and a yield of 3.9%.

iShares 3-7 Year Treasury Bond ETF Company 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.