9,211 iShares 3-7 Year Treasury Bond ETF $IEI Shares Purchased by Center For Asset Management LLC

Center For Asset Management LLC boosted its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 22.4% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 50,386 shares of the company’s stock after acquiring an additional 9,211 shares during the period. iShares 3-7 Year Treasury Bond ETF comprises approximately 2.5% of Center For Asset Management LLC’s investment portfolio, making the stock its 8th largest position. Center For Asset Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $5,716,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Independence Financial Advisors LLC lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 5.2% in the 3rd quarter. Independence Financial Advisors LLC now owns 184,973 shares of the company’s stock worth $20,983,000 after acquiring an additional 9,123 shares during the last quarter. Legacy Private Trust Co. purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 3rd quarter worth approximately $1,377,000. Bank of America Corp DE boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 39.7% during 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 purchasing an additional 2,627,948 shares during the period. Weaver Capital Management LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF in the 1st quarter valued at approximately $27,439,000. Finally, Global Trust Asset Management LLC increased its holdings in iShares 3-7 Year Treasury Bond ETF by 12.6% in the 1st quarter. Global Trust Asset Management LLC now owns 96,832 shares of the company’s stock valued at $11,484,000 after purchasing an additional 10,860 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Trading Up 0.1%

iShares 3-7 Year Treasury Bond ETF stock opened at $114.24 on Friday. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $112.88 and a fifty-two week high of $120.78. The firm has a 50 day moving average price of $114.95 and a 200 day moving average price of $116.56.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a dividend of $0.3683 per share. This is a decrease from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3713. This represents a $4.42 annualized dividend and a dividend yield of 3.9%. The ex-dividend date was Thursday, October 1st.

About iShares 3-7 Year Treasury Bond ETF

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.