Ridgepath Capital Management LLC Trims Holdings in iShares 3-7 Year Treasury Bond ETF $IEI

Ridgepath Capital Management LLC lessened its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 24.8% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 59,589 shares of the company’s stock after selling 19,615 shares during the quarter. iShares 3-7 Year Treasury Bond ETF makes up about 3.5% of Ridgepath Capital Management LLC’s investment portfolio, making the stock its 8th largest position. Ridgepath Capital Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $7,067,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IEI. JPMorgan Chase & Co. grew its stake in iShares 3-7 Year Treasury Bond ETF by 7.2% during the fourth quarter. JPMorgan Chase & Co. now owns 17,694,417 shares of the company’s stock valued at $2,111,829,000 after acquiring an additional 1,180,896 shares in the last quarter. Captrust Financial Advisors lifted its stake in iShares 3-7 Year Treasury Bond ETF by 5.0% in the 4th quarter. Captrust Financial Advisors now owns 5,924,603 shares of the company’s stock worth $707,101,000 after purchasing an additional 281,282 shares in the last quarter. Financial Engines Advisors L.L.C. boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 0.8% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 4,287,913 shares of the company’s stock valued at $511,762,000 after purchasing an additional 33,946 shares during the last quarter. Assetmark Inc. boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 9.8% during the 1st quarter. Assetmark Inc. now owns 3,352,425 shares of the company’s stock valued at $397,598,000 after purchasing an additional 300,397 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its position 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 in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of iShares 3-7 Year Treasury Bond ETF stock opened at $116.76 on Tuesday. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $116.43 and a twelve month high of $120.78. The business has a 50-day moving average price of $117.14 and a 200-day moving average price of $118.36.

iShares 3-7 Year Treasury Bond ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.3625 per share. The ex-dividend date was Wednesday, July 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.