United Capital Financial Advisers LLC Cuts Stock Holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)
United Capital Financial Advisers LLC lowered its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI – Free Report) by 29.5% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 124,127 shares of the company’s stock after selling 52,001 shares during the quarter. United Capital Financial Advisers LLC owned about 0.11% of iShares 3-7 Year Treasury Bond ETF worth $14,307,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Matrix Private Capital Group LLC purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF in the first quarter valued at $27,000. ICA Group Wealth Management LLC bought a new position in iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at $33,000. Creative Financial Designs Inc. ADV bought a new position in iShares 3-7 Year Treasury Bond ETF during the second quarter valued at $37,000. FAS Wealth Partners Inc. purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 2nd quarter worth $37,000. Finally, WealthPLAN Partners LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 1st quarter worth about $38,000.
iShares 3-7 Year Treasury Bond ETF Stock Performance
Shares of NASDAQ IEI opened at $115.09 on Friday. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $111.45 and a 12-month high of $119.57. The firm’s 50-day moving average price is $113.43 and its 200-day moving average price is $114.36.
iShares 3-7 Year Treasury Bond ETF Increases Dividend
The business also recently disclosed a monthly dividend, which was paid on Thursday, December 7th. Shareholders of record on Monday, December 4th were given a dividend of $0.275 per share. The ex-dividend date of this dividend was Friday, December 1st. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.28. This represents a $3.30 dividend on an annualized basis and a yield of 2.87%.
About iShares 3-7 Year Treasury Bond ETF (Free Report)
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).
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