US Bancorp DE Trims Stake in iShares 3-7 Year Treasury Bond ETF $IEI

US Bancorp DE trimmed its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 2.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 207,003 shares of the company’s stock after selling 5,708 shares during the period. US Bancorp DE owned 0.14% of iShares 3-7 Year Treasury Bond ETF worth $24,706,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Global Retirement Partners LLC boosted its position in iShares 3-7 Year Treasury Bond ETF by 20.7% during the third quarter. Global Retirement Partners LLC now owns 28,830 shares of the company’s stock valued at $3,445,000 after purchasing an additional 4,938 shares in the last quarter. Asempa Wealth Advisors bought a new stake in iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at about $926,000. TD Waterhouse Canada Inc. boosted its position 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 purchasing an additional 4,537 shares in the last quarter. WestEnd Advisors LLC boosted its position in iShares 3-7 Year Treasury Bond ETF by 13.8% during the third quarter. WestEnd Advisors LLC now owns 1,155,466 shares of the company’s stock valued at $138,091,000 after purchasing an additional 139,823 shares in the last quarter. Finally, Central Pacific Bank Trust Division bought a new stake in iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at about $1,435,000.

iShares 3-7 Year Treasury Bond ETF Stock Down 0.3%

Shares of IEI stock opened at $117.91 on Friday. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $116.89 and a 1-year high of $120.78. The stock’s 50-day moving average is $118.87 and its 200 day moving average is $119.34.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, May 6th. Investors of record on Friday, May 1st will be given a dividend of $0.3597 per share. The ex-dividend date of this dividend is Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 3.7%.

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.