SkyView Investment Advisors LLC Reduces Stock Holdings in iShares 3-7 Year Treasury Bond ETF $IEI

SkyView Investment Advisors LLC cut its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 99.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,500 shares of the company’s stock after selling 287,622 shares during the quarter. SkyView Investment Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $294,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in IEI. JPMorgan Chase & Co. raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 7.2% in the fourth quarter. JPMorgan Chase & Co. now owns 17,694,417 shares of the company’s stock worth $2,111,829,000 after purchasing an additional 1,180,896 shares during the last quarter. Bank of America Corp DE increased its holdings in iShares 3-7 Year Treasury Bond ETF by 39.7% in the 1st quarter. Bank of America Corp DE now owns 9,242,672 shares of the company’s stock worth $1,096,181,000 after buying an additional 2,627,948 shares during the period. Captrust Financial Advisors increased its holdings in iShares 3-7 Year Treasury Bond ETF by 5.0% in the 4th quarter. Captrust Financial Advisors now owns 5,924,603 shares of the company’s stock worth $707,101,000 after buying an additional 281,282 shares during the period. Assetmark Inc. raised its position in iShares 3-7 Year Treasury Bond ETF by 9.8% during the 1st quarter. Assetmark Inc. now owns 3,352,425 shares of the company’s stock worth $397,598,000 after buying an additional 300,397 shares during the last quarter. Finally, LPL Financial LLC raised its position in iShares 3-7 Year Treasury Bond ETF by 11.4% during the 4th quarter. LPL Financial LLC now owns 2,454,299 shares of the company’s stock worth $292,921,000 after buying an additional 250,345 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of NASDAQ:IEI opened at $114.45 on Tuesday. The business has a 50-day moving average price of $116.31 and a 200 day moving average price of $117.44. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $114.33 and a 12-month high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were issued a $0.3713 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 3.9%. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36.

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). 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.