iShares 3-7 Year Treasury Bond ETF $IEI Holdings Lessened by Diversify Advisory Services LLC

Diversify Advisory Services LLC lessened its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 34.1% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 86,548 shares of the company’s stock after selling 44,716 shares during the quarter. Diversify Advisory Services LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $9,874,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of America Corp DE grew its stake in iShares 3-7 Year Treasury Bond ETF by 39.7% during 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 acquiring an additional 2,627,948 shares in the last quarter. Assetmark Inc. increased its holdings in iShares 3-7 Year Treasury Bond ETF by 9.8% in 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. Royal Bank of Canada increased its holdings in iShares 3-7 Year Treasury Bond ETF by 0.5% in the 1st quarter. Royal Bank of Canada now owns 1,113,025 shares of the company’s stock valued at $132,004,000 after acquiring an additional 5,121 shares during the last quarter. Strategic Point Investment Advisors LLC increased its holdings in iShares 3-7 Year Treasury Bond ETF by 4.3% in the 2nd quarter. Strategic Point Investment Advisors LLC now owns 667,170 shares of the company’s stock valued at $78,359,000 after acquiring an additional 27,780 shares during the last quarter. Finally, Waverly Advisors LLC lifted its stake in 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 Trading Up 0.0%

Shares of IEI stock opened at $114.02 on Wednesday. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $112.88 and a 52 week high of $120.78. The company’s fifty day simple moving average is $114.86 and its two-hundred day simple moving average is $116.49.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

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

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.