PNC Financial Services Group Inc. Buys 12,095 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

PNC Financial Services Group Inc. raised its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 2.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 568,654 shares of the company’s stock after acquiring an additional 12,095 shares during the period. PNC Financial Services Group Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $67,960,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of IEI. Avion Wealth raised its stake in iShares 3-7 Year Treasury Bond ETF by 111.8% in the second quarter. Avion Wealth now owns 216 shares of the company’s stock valued at $25,000 after purchasing an additional 114 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in iShares 3-7 Year Treasury Bond ETF during the second quarter worth about $25,000. Delos Wealth Advisors LLC bought a new position in iShares 3-7 Year Treasury Bond ETF in the 2nd quarter valued at about $34,000. Sound Income Strategies LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at approximately $36,000. Finally, Hanson & Doremus Investment Management raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 121.2% in the 3rd quarter. Hanson & Doremus Investment Management now owns 365 shares of the company’s stock valued at $44,000 after buying an additional 200 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Up 0.3%

Shares of iShares 3-7 Year Treasury Bond ETF stock opened at $120.14 on Tuesday. The company has a 50 day moving average of $119.36 and a 200-day moving average of $119.50. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $115.72 and a 1-year high of $120.43.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a $0.367 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, February 2nd.

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.