Fmr LLC Sells 2,015,236 Shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Fmr LLC cut its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 40.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,004,503 shares of the company’s stock after selling 2,015,236 shares during the period. Fmr LLC owned approximately 2.27% of iShares 3-7 Year Treasury Bond ETF worth $347,170,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Fortitude Family Office LLC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth approximately $27,000. Smartleaf Asset Management LLC lifted its stake in iShares 3-7 Year Treasury Bond ETF by 72.4% during the fourth quarter. Smartleaf Asset Management LLC now owns 250 shares of the company’s stock worth $29,000 after purchasing an additional 105 shares during the last quarter. PSI Advisors LLC boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 76.7% in the 4th 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. Nemes Rush Group LLC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at $43,000. Finally, WealthShield Partners LLC increased its stake in shares of iShares 3-7 Year Treasury Bond ETF by 33.7% in the 4th quarter. WealthShield Partners LLC now owns 397 shares of the company’s stock valued at $46,000 after purchasing an additional 100 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of IEI stock opened at $117.52 on Friday. The business has a fifty day simple moving average of $117.17 and a 200 day simple moving average of $116.75. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $113.16 and a twelve month high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, April 4th. Stockholders of record on Tuesday, April 1st were issued a $0.3417 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $4.10 dividend on an annualized basis and a dividend yield of 3.49%. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.33.

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).