Penobscot Investment Management Company Inc. Sells 88 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

Penobscot Investment Management Company Inc. lessened its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 0.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 13,347 shares of the company’s stock after selling 88 shares during the period. Penobscot Investment Management Company Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $1,590,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of IEI. Bank of New York Mellon Corp increased its stake in iShares 3-7 Year Treasury Bond ETF by 54.1% in the 1st quarter. Bank of New York Mellon Corp now owns 318,560 shares of the company’s stock worth $37,633,000 after buying an additional 111,822 shares in the last quarter. Sequoia Financial Advisors LLC grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 19.1% during the first quarter. Sequoia Financial Advisors LLC now owns 3,410 shares of the company’s stock valued at $403,000 after purchasing an additional 548 shares in the last quarter. Ritholtz Wealth Management grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 9.7% during the first quarter. Ritholtz Wealth Management now owns 45,092 shares of the company’s stock valued at $5,327,000 after purchasing an additional 4,003 shares in the last quarter. Blueprint Investment Partners LLC grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 152.8% during the first quarter. Blueprint Investment Partners LLC now owns 61,447 shares of the company’s stock valued at $7,259,000 after purchasing an additional 37,142 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 15.8% during the first quarter. JPMorgan Chase & Co. now owns 12,118,309 shares of the company’s stock valued at $1,431,677,000 after purchasing an additional 1,652,996 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of iShares 3-7 Year Treasury Bond ETF stock opened at $119.35 on Friday. The business has a 50-day moving average price of $119.29 and a 200-day moving average price of $118.42. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $114.51 and a twelve month high of $120.29.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st will be paid a dividend of $0.3462 per share. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend is Wednesday, October 1st.

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).