The Manufacturers Life Insurance Company Lowers Stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

The Manufacturers Life Insurance Company trimmed its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 62.2% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 7,200 shares of the company’s stock after selling 11,849 shares during the period. The Manufacturers Life Insurance Company’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $831,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the business. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in iShares 3-7 Year Treasury Bond ETF by 2.8% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 4,764 shares of the company’s stock valued at $552,000 after acquiring an additional 131 shares during the period. Flagstar Advisors Inc. increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 5.2% in the first quarter. Flagstar Advisors Inc. now owns 2,027 shares of the company’s stock valued at $235,000 after purchasing an additional 101 shares during the period. Nisa Investment Advisors LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the second quarter valued at approximately $9,445,000. Crescent Grove Advisors LLC purchased a new position in iShares 3-7 Year Treasury Bond ETF in the 2nd quarter valued at $212,000. Finally, Raymond James Financial Services Advisors Inc. increased its stake in iShares 3-7 Year Treasury Bond ETF by 3.0% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 189,793 shares of the company’s stock valued at $21,915,000 after buying an additional 5,536 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:IEI opened at $117.84 on Monday. The company has a 50-day moving average price of $119.04 and a 200 day moving average price of $116.52. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $111.45 and a 52 week high of $120.33.

iShares 3-7 Year Treasury Bond ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.3197 per share. The ex-dividend date was Tuesday, September 3rd.

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).