Park Avenue Securities LLC Reduces Stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Park Avenue Securities LLC lowered its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 28.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 8,942 shares of the company’s stock after selling 3,632 shares during the quarter. Park Avenue Securities LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $1,033,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Community Trust & Investment Co. increased its position in iShares 3-7 Year Treasury Bond ETF by 8.3% during the fourth quarter. Community Trust & Investment Co. now owns 34,872 shares of the company’s stock worth $4,029,000 after buying an additional 2,678 shares during the period. Christensen King & Associates Investment Services Inc. increased its position in iShares 3-7 Year Treasury Bond ETF by 1.9% during the fourth quarter. Christensen King & Associates Investment Services Inc. now owns 38,117 shares of the company’s stock worth $4,388,000 after buying an additional 710 shares during the period. PSI Advisors LLC increased its position in iShares 3-7 Year Treasury Bond ETF by 76.7% during the fourth quarter. PSI Advisors LLC now owns 334 shares of the company’s stock worth $39,000 after buying an additional 145 shares during the period. TPG Financial Advisors LLC increased its position in iShares 3-7 Year Treasury Bond ETF by 18.1% during the fourth quarter. TPG Financial Advisors LLC now owns 46,750 shares of the company’s stock worth $5,402,000 after buying an additional 7,178 shares during the period. Finally, Courier Capital LLC increased its position in iShares 3-7 Year Treasury Bond ETF by 83.9% during the fourth quarter. Courier Capital LLC now owns 35,636 shares of the company’s stock worth $4,118,000 after buying an additional 16,257 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Down 0.0 %

IEI opened at $115.56 on Tuesday. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $113.16 and a 52 week high of $120.33. The business’s 50 day moving average is $115.87 and its two-hundred day moving average is $117.27.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a $0.3303 dividend. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a $3.96 annualized dividend and a dividend yield of 3.43%. The ex-dividend date of this dividend was Wednesday, December 18th.

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).