iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC cut its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 4.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,846,556 shares of the company’s stock after selling 83,172 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $213,370,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Bogart Wealth LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 400.0% in the third quarter. Bogart Wealth LLC now owns 225 shares of the company’s stock valued at $27,000 after purchasing an additional 180 shares in the last quarter. Fortitude Family Office LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at approximately $27,000. Coston McIsaac & Partners grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 113.0% in the third quarter. Coston McIsaac & Partners now owns 294 shares of the company’s stock valued at $35,000 after purchasing an additional 156 shares in the last quarter. Richardson Financial Services Inc. grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 494.1% in the third quarter. Richardson Financial Services Inc. now owns 303 shares of the company’s stock valued at $36,000 after purchasing an additional 252 shares in the last quarter. Finally, PSI Advisors LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 76.7% in the fourth quarter. PSI Advisors LLC now owns 334 shares of the company’s stock valued at $39,000 after purchasing an additional 145 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of IEI stock opened at $115.55 on Thursday. The company has a 50 day moving average price of $115.86 and a 200 day moving average price of $117.26. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $113.16 and a fifty-two week high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.3303 per share. This represents a $3.96 annualized dividend and a yield of 3.43%. The ex-dividend date was Wednesday, December 18th. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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).