Sfmg LLC Sells 2,327 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

Sfmg LLC trimmed its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 15.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,692 shares of the company’s stock after selling 2,327 shares during the period. Sfmg LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $1,511,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Allianz Asset Management GmbH increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 18.1% in the 1st quarter. Allianz Asset Management GmbH now owns 154,200 shares of the company’s stock worth $18,216,000 after buying an additional 23,600 shares during the last quarter. Pinnacle Associates Ltd. lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 6.4% during the 1st quarter. Pinnacle Associates Ltd. now owns 39,910 shares of the company’s stock worth $4,715,000 after acquiring an additional 2,388 shares during the last quarter. Avantax Advisory Services Inc. grew its position in iShares 3-7 Year Treasury Bond ETF by 1.1% in the first quarter. Avantax Advisory Services Inc. now owns 81,289 shares of the company’s stock worth $9,603,000 after acquiring an additional 914 shares in the last quarter. Cetera Investment Advisers increased its stake in iShares 3-7 Year Treasury Bond ETF by 44.3% in the first quarter. Cetera Investment Advisers now owns 545,228 shares of the company’s stock valued at $64,410,000 after acquiring an additional 167,318 shares during the last quarter. Finally, Assetmark Inc. increased its stake in iShares 3-7 Year Treasury Bond ETF by 6.9% in the first quarter. Assetmark Inc. now owns 2,296,181 shares of the company’s stock valued at $271,259,000 after acquiring an additional 148,796 shares during the last quarter.

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

Shares of IEI stock opened at $120.08 on Friday. The business has a 50-day moving average price of $119.71 and a two-hundred day moving average price of $118.84. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $114.51 and a 12-month high of $120.42.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were given a $0.3662 dividend. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date was Monday, November 3rd. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.35.

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).