Bank of New York Mellon Corp Reduces Holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Bank of New York Mellon Corp trimmed its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 9.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 206,738 shares of the company’s stock after selling 22,322 shares during the period. Bank of New York Mellon Corp owned approximately 0.16% of iShares 3-7 Year Treasury Bond ETF worth $23,889,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Fortitude Family Office LLC purchased a new position in iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth $27,000. PSI Advisors LLC grew its position in iShares 3-7 Year Treasury Bond ETF by 76.7% during the 4th quarter. PSI Advisors LLC now owns 334 shares of the company’s stock worth $39,000 after purchasing an additional 145 shares during the last quarter. WealthShield Partners LLC grew its position in iShares 3-7 Year Treasury Bond ETF by 33.7% during the 4th quarter. WealthShield Partners LLC now owns 397 shares of the company’s stock worth $46,000 after purchasing an additional 100 shares during the last quarter. Sound Income Strategies LLC grew its position in iShares 3-7 Year Treasury Bond ETF by 2,693.3% during the 4th quarter. Sound Income Strategies LLC now owns 419 shares of the company’s stock worth $48,000 after purchasing an additional 404 shares during the last quarter. Finally, MidAtlantic Capital Management Inc. purchased a new position in iShares 3-7 Year Treasury Bond ETF during the 3rd quarter worth $53,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of iShares 3-7 Year Treasury Bond ETF stock opened at $117.15 on Monday. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $113.16 and a 1 year high of $120.33. The company’s fifty day moving average is $116.00 and its two-hundred day moving average is $117.03.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a $0.3038 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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).