Citigroup Inc. Reduces Holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Citigroup Inc. cut its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 16.4% during the 3rd quarter, Holdings Channel reports. The fund owned 37,468 shares of the company’s stock after selling 7,366 shares during the period. Citigroup Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $4,481,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Bogart Wealth LLC raised its stake in iShares 3-7 Year Treasury Bond ETF by 400.0% during the 3rd quarter. Bogart Wealth LLC now owns 225 shares of the company’s stock worth $27,000 after acquiring an additional 180 shares during the period. Coston McIsaac & Partners raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 113.0% during the 3rd quarter. Coston McIsaac & Partners now owns 294 shares of the company’s stock valued at $35,000 after purchasing an additional 156 shares during the period. Richardson Financial Services Inc. raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 494.1% during the 3rd quarter. Richardson Financial Services Inc. now owns 303 shares of the company’s stock valued at $36,000 after purchasing an additional 252 shares during the period. Rothschild Investment LLC purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 2nd quarter valued at $38,000. Finally, Castleview Partners LLC boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 65.2% in the 3rd quarter. Castleview Partners LLC now owns 337 shares of the company’s stock worth $40,000 after buying an additional 133 shares during the period.

iShares 3-7 Year Treasury Bond ETF Trading Down 0.0 %

Shares of IEI stock opened at $116.78 on Tuesday. The stock has a fifty day simple moving average of $117.30 and a two-hundred day simple moving average of $117.13. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $113.16 and a 52-week high of $120.33.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, December 5th. Investors of record on Monday, December 2nd will be paid a dividend of $0.3111 per share. The ex-dividend date of this dividend is Monday, December 2nd.

iShares 3-7 Year Treasury Bond ETF Company 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).