iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Shares Sold by Park Avenue Securities LLC

Park Avenue Securities LLC lessened its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 37.1% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,350 shares of the company’s stock after selling 6,707 shares during the quarter. Park Avenue Securities LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $1,314,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the business. Hexagon Capital Partners LLC increased its stake in shares of iShares 3-7 Year Treasury Bond ETF by 895.5% during the fourth quarter. Hexagon Capital Partners LLC now owns 219 shares of the company’s stock worth $26,000 after buying an additional 197 shares during the period. Howe & Rusling Inc. purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth approximately $30,000. Kozak & Associates Inc. purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth approximately $31,000. Halpern Financial Inc. purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth approximately $32,000. Finally, Scarborough Advisors LLC purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth approximately $32,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI stock opened at $115.79 on Tuesday. The company’s 50 day moving average price is $114.60 and its 200 day moving average price is $115.48. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $111.45 and a fifty-two week high of $117.79.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, June 7th. Investors of record on Monday, June 3rd were paid a dividend of $0.2992 per share. The ex-dividend date was Monday, June 3rd. This represents a $3.59 dividend on an annualized basis and a dividend yield of 3.10%.

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).