iShares 3-7 Year Treasury Bond ETF $IEI Shares Sold by Studio Investment Management LLC

Studio Investment Management LLC lowered its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 31.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,407 shares of the company’s stock after selling 5,283 shares during the period. Studio Investment Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $1,358,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in IEI. Beacon Capital Management LLC boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 102.9% in the second quarter. Beacon Capital Management LLC now owns 211 shares of the company’s stock worth $25,000 after buying an additional 107 shares during the period. LRI Investments LLC boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 231.1% in the second quarter. LRI Investments LLC now owns 245 shares of the company’s stock worth $29,000 after buying an additional 171 shares during the period. Smallwood Wealth Investment Management LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the first quarter worth about $36,000. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the second quarter worth about $36,000. Finally, Cullen Frost Bankers Inc. boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 354.2% in the first quarter. Cullen Frost Bankers Inc. now owns 377 shares of the company’s stock worth $45,000 after buying an additional 294 shares during the period.

iShares 3-7 Year Treasury Bond ETF Trading Up 0.1%

Shares of IEI opened at $120.36 on Wednesday. iShares 3-7 Year Treasury Bond ETF has a one year low of $114.51 and a one year high of $120.42. The company has a 50-day moving average of $119.56 and a two-hundred day moving average of $118.58.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were issued a $0.3462 dividend. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date was Wednesday, October 1st.

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).