Pinnacle Wealth Management Advisory Group LLC Reduces Stock Holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Pinnacle Wealth Management Advisory Group LLC lessened its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 10.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 29,264 shares of the company’s stock after selling 3,528 shares during the quarter. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $3,428,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. JPMorgan Chase & Co. lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 73.0% during the third quarter. JPMorgan Chase & Co. now owns 17,107,995 shares of the company’s stock worth $1,935,941,000 after purchasing an additional 7,218,653 shares during the period. Cerity Partners LLC increased its stake in shares of iShares 3-7 Year Treasury Bond ETF by 75.6% in the fourth quarter. Cerity Partners LLC now owns 2,229,435 shares of the company’s stock worth $261,134,000 after acquiring an additional 960,139 shares during the period. Charles Schwab Investment Advisory Inc. raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 33.0% during the third quarter. Charles Schwab Investment Advisory Inc. now owns 3,219,377 shares of the company’s stock worth $364,305,000 after purchasing an additional 799,429 shares during the last quarter. Morgan Stanley lifted its position in iShares 3-7 Year Treasury Bond ETF by 21.2% during the third quarter. Morgan Stanley now owns 3,632,667 shares of the company’s stock valued at $411,073,000 after purchasing an additional 636,492 shares during the period. Finally, FMR LLC boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 22.4% in the third quarter. FMR LLC now owns 2,736,542 shares of the company’s stock valued at $309,667,000 after purchasing an additional 501,238 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEI traded up $0.20 during trading on Thursday, reaching $114.59. 617,353 shares of the company traded hands, compared to its average volume of 1,857,354. The firm’s fifty day simple moving average is $114.80 and its 200 day simple moving average is $115.20. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $111.45 and a 12-month high of $119.19.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd were issued a dividend of $0.2956 per share. This represents a $3.55 dividend on an annualized basis and a yield of 3.10%. The ex-dividend date was Wednesday, May 1st.

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).