Prudential PLC Has $5.44 Million Stock Position in iShares 3-7 Year Treasury Bond ETF $IEI

Prudential PLC lowered its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 20.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 45,600 shares of the company’s stock after selling 11,514 shares during the period. Prudential PLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $5,442,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in IEI. HUB Investment Partners LLC raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 25.7% during the second quarter. HUB Investment Partners LLC now owns 2,476 shares of the company’s stock valued at $295,000 after purchasing an additional 506 shares during the period. Darwin Wealth Management LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF during the second quarter valued at about $5,313,000. Camarda Financial Advisors LLC raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 15.4% during the second quarter. Camarda Financial Advisors LLC now owns 7,843 shares of the company’s stock valued at $934,000 after purchasing an additional 1,049 shares during the period. Ameriprise Financial Inc. raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 11.8% during the second quarter. Ameriprise Financial Inc. now owns 2,741,689 shares of the company’s stock valued at $327,059,000 after purchasing an additional 290,112 shares during the period. Finally, BNP Paribas Financial Markets raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 1,793.7% during the second quarter. BNP Paribas Financial Markets now owns 95,405 shares of the company’s stock valued at $11,362,000 after purchasing an additional 90,367 shares during the period.

iShares 3-7 Year Treasury Bond ETF Trading Down 0.4%

Shares of NASDAQ IEI opened at $116.73 on Friday. The firm’s 50-day moving average price is $117.93 and its 200-day moving average price is $118.92. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $116.51 and a 1-year high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a dividend of $0.3694 per share. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36. This represents a c) annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Monday, June 1st.

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). 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.