Sollinda Capital Management LLC Acquires New Stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Sollinda Capital Management LLC bought a new position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 97,331 shares of the company’s stock, valued at approximately $11,400,000. iShares 3-7 Year Treasury Bond ETF makes up approximately 3.2% of Sollinda Capital Management LLC’s investment portfolio, making the stock its 8th largest holding.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Evercore Wealth Management LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter worth $206,000. Prudential PLC boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 29.9% in the 4th quarter. Prudential PLC now owns 19,481 shares of the company’s stock worth $2,282,000 after buying an additional 4,481 shares during the last quarter. Stephens Inc. AR boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 41.3% in the 4th quarter. Stephens Inc. AR now owns 14,849 shares of the company’s stock worth $1,739,000 after buying an additional 4,338 shares during the last quarter. Oppenheimer & Co. Inc. boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 7.1% in the 4th quarter. Oppenheimer & Co. Inc. now owns 12,159 shares of the company’s stock worth $1,424,000 after buying an additional 808 shares during the last quarter. Finally, Belpointe Asset Management LLC purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter worth $437,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of IEI stock traded down $0.77 on Friday, reaching $114.66. The stock had a trading volume of 2,392,379 shares, compared to its average volume of 1,719,194. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $111.45 and a 1 year high of $117.79. The company has a 50 day simple moving average of $114.37 and a 200 day simple moving average of $115.43.

iShares 3-7 Year Treasury Bond ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were paid a $0.2992 dividend. The ex-dividend date was Monday, June 3rd. This represents a $3.59 dividend on an annualized basis and a dividend yield of 3.13%.

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).