iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Stock Position Decreased by Pacific Wealth Management

Pacific Wealth Management trimmed its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 3.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 34,106 shares of the company’s stock after selling 1,173 shares during the quarter. iShares 3-7 Year Treasury Bond ETF accounts for 2.3% of Pacific Wealth Management’s portfolio, making the stock its 10th biggest holding. Pacific Wealth Management’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $3,995,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of IEI. Cantor Fitzgerald Investment Advisor L.P boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 19.0% during the first quarter. Cantor Fitzgerald Investment Advisor L.P now owns 402,446 shares of the company’s stock valued at $49,118,000 after buying an additional 64,171 shares during the last quarter. Bank of New York Mellon Corp raised its stake in iShares 3-7 Year Treasury Bond ETF by 73.8% during the 1st quarter. Bank of New York Mellon Corp now owns 116,934 shares of the company’s stock worth $14,272,000 after acquiring an additional 49,670 shares during the period. BlackRock Inc. lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 22.4% during the 1st quarter. BlackRock Inc. now owns 1,054,669 shares of the company’s stock valued at $128,723,000 after buying an additional 192,872 shares in the last quarter. Mariner LLC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF in the first quarter worth about $1,537,000. Finally, Charles Schwab Investment Advisory Inc. raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 9.6% during the first quarter. Charles Schwab Investment Advisory Inc. now owns 61,581 shares of the company’s stock valued at $7,516,000 after buying an additional 5,414 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ:IEI traded down $0.27 during trading hours on Thursday, reaching $113.55. The stock had a trading volume of 658,553 shares, compared to its average volume of 1,870,776. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $111.45 and a 52 week high of $119.57. The company has a 50 day moving average price of $115.28 and a two-hundred day moving average price of $115.05.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a dividend of $0.3056 per share. The ex-dividend date of this dividend was Monday, April 1st. This represents a $3.67 dividend on an annualized basis and a dividend yield of 3.23%.

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).