Canal Capital Management LLC Boosts Position in iShares 3-7 Year Treasury Bond ETF $IEI

Canal Capital Management LLC grew its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 4.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 138,540 shares of the company’s stock after buying an additional 5,918 shares during the period. iShares 3-7 Year Treasury Bond ETF accounts for 2.3% of Canal Capital Management LLC’s portfolio, making the stock its 7th biggest holding. Canal Capital Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $16,535,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Global Retirement Partners LLC boosted its holdings in iShares 3-7 Year Treasury Bond ETF by 20.7% in the 3rd quarter. Global Retirement Partners LLC now owns 28,830 shares of the company’s stock worth $3,445,000 after buying an additional 4,938 shares during the period. MBL Wealth LLC increased its stake in iShares 3-7 Year Treasury Bond ETF by 4.8% in the 3rd quarter. MBL Wealth LLC now owns 209,779 shares of the company’s stock worth $25,071,000 after buying an additional 9,581 shares in the last quarter. TD Waterhouse Canada Inc. raised its holdings in iShares 3-7 Year Treasury Bond ETF by 94.4% during the third quarter. TD Waterhouse Canada Inc. now owns 9,345 shares of the company’s stock valued at $1,116,000 after acquiring an additional 4,537 shares during the period. DAVENPORT & Co LLC raised its holdings in iShares 3-7 Year Treasury Bond ETF by 14.9% during the third quarter. DAVENPORT & Co LLC now owns 64,229 shares of the company’s stock valued at $7,676,000 after acquiring an additional 8,353 shares during the period. Finally, WestEnd Advisors LLC lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 13.8% in the third quarter. WestEnd Advisors LLC now owns 1,155,466 shares of the company’s stock valued at $138,091,000 after acquiring an additional 139,823 shares in the last quarter.

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

NASDAQ IEI opened at $118.72 on Friday. The business has a 50-day moving average price of $119.44 and a 200-day moving average price of $119.59. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $116.62 and a twelve month high of $120.78.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued a $0.3312 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.3%.

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). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to three years and less than seven years. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.