iShares 3-7 Year Treasury Bond ETF $IEI Shares Sold by Tidal Investments LLC

Tidal Investments LLC cut its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 35.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,336 shares of the company’s stock after selling 13,466 shares during the quarter. Tidal Investments LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $2,858,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Cardinal Strategic Wealth Guidance purchased a new stake in iShares 3-7 Year Treasury Bond ETF during the 1st quarter worth approximately $25,000. Howe & Rusling Inc. raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 111.0% during the first quarter. Howe & Rusling Inc. now owns 211 shares of the company’s stock valued at $25,000 after acquiring an additional 111 shares during the last quarter. Kingdom Financial Group LLC. purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at approximately $26,000. Cherry Tree Wealth Management LLC lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 214.7% in the fourth quarter. Cherry Tree Wealth Management LLC now owns 343 shares of the company’s stock valued at $41,000 after acquiring an additional 234 shares in the last quarter. Finally, MidAtlantic Capital Management Inc. acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the fourth quarter worth approximately $53,000.

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

Shares of IEI opened at $114.37 on Wednesday. iShares 3-7 Year Treasury Bond ETF has a one year low of $114.33 and a one year high of $120.78. The stock has a 50 day moving average price of $116.26 and a 200 day moving average price of $117.40.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a dividend of $0.3713 per share. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a c) annualized dividend and a yield of 3.9%.

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.