Banco Santander S.A. Trims Stock Position in iShares 3-7 Year Treasury Bond ETF $IEI

Banco Santander S.A. lowered its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 4.0% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 214,952 shares of the company’s stock after selling 8,977 shares during the quarter. Banco Santander S.A. owned approximately 0.16% of iShares 3-7 Year Treasury Bond ETF worth $25,599,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IEI. Beacon Capital Management LLC increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 102.9% during the 2nd quarter. Beacon Capital Management LLC now owns 211 shares of the company’s stock valued at $25,000 after purchasing an additional 107 shares during the last quarter. Avion Wealth increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 111.8% during the 2nd quarter. Avion Wealth now owns 216 shares of the company’s stock valued at $25,000 after purchasing an additional 114 shares during the last quarter. LRI Investments LLC increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 231.1% during the 2nd quarter. LRI Investments LLC now owns 245 shares of the company’s stock valued at $29,000 after purchasing an additional 171 shares during the last quarter. Smallwood Wealth Investment Management LLC purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 1st quarter valued at about $36,000. Finally, Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 2nd quarter valued at about $36,000.

iShares 3-7 Year Treasury Bond ETF Stock Up 0.1%

NASDAQ IEI opened at $120.20 on Monday. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $114.51 and a 52 week high of $120.42. The company has a 50-day moving average price of $119.64 and a 200-day moving average price of $118.63.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were paid a dividend of $0.3462 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.5%.

iShares 3-7 Year Treasury Bond ETF Company 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).