Transcend Capital Advisors LLC Has $6.06 Million Holdings in iShares 3-7 Year Treasury Bond ETF $IEI

Transcend Capital Advisors LLC lessened its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 24.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 50,768 shares of the company’s stock after selling 16,551 shares during the quarter. Transcend Capital Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $6,059,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Global Retirement Partners LLC raised its stake in iShares 3-7 Year Treasury Bond ETF by 20.7% during the 3rd quarter. Global Retirement Partners LLC now owns 28,830 shares of the company’s stock worth $3,445,000 after buying an additional 4,938 shares during the period. Asempa Wealth Advisors acquired a new stake in iShares 3-7 Year Treasury Bond ETF during the 4th quarter worth $926,000. MBL Wealth LLC raised its stake in iShares 3-7 Year Treasury Bond ETF by 4.8% during the 3rd quarter. MBL Wealth LLC now owns 209,779 shares of the company’s stock worth $25,071,000 after buying an additional 9,581 shares during the period. TD Waterhouse Canada Inc. raised its stake in iShares 3-7 Year Treasury Bond ETF by 94.4% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 9,345 shares of the company’s stock worth $1,116,000 after buying an additional 4,537 shares during the period. Finally, DAVENPORT & Co LLC raised its stake in iShares 3-7 Year Treasury Bond ETF by 14.9% during the 3rd quarter. DAVENPORT & Co LLC now owns 64,229 shares of the company’s stock worth $7,676,000 after buying an additional 8,353 shares during the period.

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

Shares of iShares 3-7 Year Treasury Bond ETF stock opened at $118.57 on Tuesday. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $116.89 and a 12 month high of $120.78. The stock’s fifty day simple moving average is $119.14 and its 200 day simple moving average is $119.41.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st were paid a $0.3615 dividend. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a c) annualized dividend and a dividend yield of 3.7%. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.33.

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). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to three years and less than seven years. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.