iShares 3-7 Year Treasury Bond ETF $IEI Position Lessened by Kovitz Investment Group Partners LLC

Kovitz Investment Group Partners LLC reduced its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 45.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 253,161 shares of the company’s stock after selling 212,525 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $30,215,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Country Trust Bank bought a new position in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth about $25,000. Kingdom Financial Group LLC. bought a new stake in iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at about $26,000. Asset Dedication LLC bought a new stake in iShares 3-7 Year Treasury Bond ETF in the 3rd quarter valued at about $28,000. Key Capital Management INC acquired a new position in iShares 3-7 Year Treasury Bond ETF during the 4th quarter valued at about $28,000. Finally, Ankerstar Wealth LLC bought a new position in iShares 3-7 Year Treasury Bond ETF in the 4th quarter worth about $30,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ:IEI opened at $117.19 on Friday. The firm’s 50 day moving average is $117.73 and its two-hundred day moving average is $118.73. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $116.51 and a 52 week 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 Thursday, June 4th. Shareholders of record on Monday, June 1st were given a dividend of $0.3694 per share. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 3.8%.

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.