Beacon Bank & Trust Cuts Stake in iShares 3-7 Year Treasury Bond ETF $IEI

Beacon Bank & Trust lessened its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 32.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,427 shares of the company’s stock after selling 7,270 shares during the quarter. Beacon Bank & Trust’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $1,812,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Cardinal Strategic Wealth Guidance acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the first quarter valued at about $25,000. Howe & Rusling Inc. lifted its position in iShares 3-7 Year Treasury Bond ETF by 111.0% during the 1st quarter. Howe & Rusling Inc. now owns 211 shares of the company’s stock worth $25,000 after acquiring an additional 111 shares in the last quarter. Kingdom Financial Group LLC. acquired a new position in iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth approximately $26,000. Key Capital Management INC acquired a new position in iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth approximately $28,000. Finally, Ankerstar Wealth LLC purchased a new position in iShares 3-7 Year Treasury Bond ETF in the 4th quarter worth approximately $30,000.

iShares 3-7 Year Treasury Bond ETF Stock Up 0.2%

Shares of NASDAQ:IEI opened at $116.55 on Friday. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $116.07 and a 52-week high of $120.78. The company has a 50 day moving average of $116.91 and a two-hundred day moving average of $118.08.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were paid a $0.379 dividend. The ex-dividend date was Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 3.9%.

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.