SkyView Investment Advisors LLC Cuts Position in iShares 3-7 Year Treasury Bond ETF $IEI

SkyView Investment Advisors LLC decreased its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 99.1% in the 2nd quarter, Holdings Channel reports. The firm owned 2,500 shares of the company’s stock after selling 287,622 shares during the quarter. SkyView Investment Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $294,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Howe & Rusling Inc. grew its position in 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 worth $25,000 after buying an additional 111 shares during the period. Cardinal Strategic Wealth Guidance purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 1st quarter worth approximately $25,000. Kingdom Financial Group LLC. acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter worth approximately $26,000. Cherry Tree Wealth Management LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 214.7% in the 4th quarter. Cherry Tree Wealth Management LLC now owns 343 shares of the company’s stock worth $41,000 after acquiring an additional 234 shares during the period. Finally, MidAtlantic Capital Management Inc. purchased a new position in iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at approximately $53,000.

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

Shares of IEI stock opened at $114.45 on Tuesday. The stock has a fifty day moving average price of $116.31 and a 200 day moving average price of $117.44. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $114.33 and a 1 year high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were given a $0.3713 dividend. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Tuesday, September 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). 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.