iShares 3-7 Year Treasury Bond ETF $IEI Stock Holdings Reduced by Ridgepath Capital Management LLC

Ridgepath Capital Management LLC cut its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 90.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,133 shares of the company’s stock after selling 176,085 shares during the quarter. iShares 3-7 Year Treasury Bond ETF accounts for approximately 1.2% of Ridgepath Capital Management LLC’s holdings, making the stock its 19th biggest holding. Ridgepath Capital Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $2,170,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in IEI. Bank of America Corp DE grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 39.7% during the 1st quarter. Bank of America Corp DE now owns 9,242,672 shares of the company’s stock valued at $1,096,181,000 after purchasing an additional 2,627,948 shares during the last quarter. Assetmark Inc. raised its position in iShares 3-7 Year Treasury Bond ETF by 9.8% in the 1st quarter. Assetmark Inc. now owns 3,352,425 shares of the company’s stock worth $397,598,000 after purchasing an additional 300,397 shares during the period. Bank Julius Baer & Co. Ltd Zurich bought a new stake in iShares 3-7 Year Treasury Bond ETF in the third quarter worth $283,503,000. Greenleaf Trust bought a new stake in iShares 3-7 Year Treasury Bond ETF in the second quarter worth $52,932,000. Finally, WestEnd Advisors LLC bought a new stake in iShares 3-7 Year Treasury Bond ETF in the third quarter worth $127,896,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ IEI opened at $115.33 on Monday. The company has a 50-day simple moving average of $114.57 and a two-hundred day simple moving average of $117.15. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $112.88 and a 12-month high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd will be issued a $0.3809 dividend. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3683. This represents a $4.57 annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Monday, November 2nd.

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). 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.