iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Shares Sold by Berkshire Bank

Berkshire Bank reduced its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 5.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 162,641 shares of the company’s stock after selling 9,792 shares during the quarter. iShares 3-7 Year Treasury Bond ETF makes up about 4.4% of Berkshire Bank’s holdings, making the stock its 5th largest holding. Berkshire Bank’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $18,793,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Strategic Wealth Investment Group LLC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at approximately $512,000. Cornerstone Wealth Group LLC raised its position in iShares 3-7 Year Treasury Bond ETF by 3.3% in the fourth quarter. Cornerstone Wealth Group LLC now owns 6,444 shares of the company’s stock worth $745,000 after acquiring an additional 207 shares in the last quarter. Union Bancaire Privee UBP SA purchased a new position in iShares 3-7 Year Treasury Bond ETF in the fourth quarter worth $564,000. Klaas Financial Asset Advisors LLC lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 2.5% in the fourth quarter. Klaas Financial Asset Advisors LLC now owns 233,602 shares of the company’s stock valued at $26,993,000 after acquiring an additional 5,784 shares during the period. Finally, Strategic Investment Advisors MI boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 11.6% during the 4th quarter. Strategic Investment Advisors MI now owns 17,443 shares of the company’s stock worth $2,016,000 after purchasing an additional 1,816 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Trading Up 0.4 %

Shares of IEI opened at $116.11 on Tuesday. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $113.16 and a 52-week high of $120.33. The company has a 50-day simple moving average of $115.86 and a 200-day simple moving average of $117.26.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a dividend of $0.3303 per share. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.41%. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date was Wednesday, December 18th.

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).