Columbia Bank reduced its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI – Free Report) by 38.7% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 29,702 shares of the company’s stock after selling 18,731 shares during the quarter. Columbia Bank’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $3,369,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also bought and sold shares of IEI. Howe & Rusling Inc. raised its holdings in iShares 3-7 Year Treasury Bond ETF by 111.0% in the first quarter. Howe & Rusling Inc. now owns 211 shares of the company’s stock worth $25,000 after buying an additional 111 shares during the last quarter. Nvwm LLC purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the third quarter valued at approximately $38,000. Pension & Wealth Management Advisors Inc. purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the third quarter valued at approximately $49,000. BankChampaign National Association purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the first quarter valued at approximately $54,000. Finally, Sound Income Strategies LLC increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 69.4% during the first quarter. Sound Income Strategies LLC now owns 610 shares of the company’s stock valued at $72,000 after acquiring an additional 250 shares in the last quarter.
iShares 3-7 Year Treasury Bond ETF Price Performance
Shares of IEI opened at $115.33 on Friday. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $112.88 and a twelve month high of $120.78. The firm has a 50 day moving average of $114.57 and a 200 day moving average of $117.15.
iShares 3-7 Year Treasury Bond ETF Cuts Dividend
The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were issued a $0.3683 dividend. This represents a $4.42 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend was Thursday, October 1st. This is a negative change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3713.
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.
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