Schoolcraft Capital LLC Cuts Stake in iShares 3-7 Year Treasury Bond ETF $IEI

Schoolcraft Capital LLC cut its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 7.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,826 shares of the company’s stock after selling 294 shares during the quarter. Schoolcraft Capital LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $456,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Brian Low Financial Group LLC purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF in the second quarter valued at approximately $1,819,000. AlphaQuest LLC purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 2nd quarter valued at approximately $5,861,000. Avion Wealth boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 111.8% during the 2nd quarter. Avion Wealth now owns 216 shares of the company’s stock worth $25,000 after purchasing an additional 114 shares in the last quarter. Arrien Investments Inc. purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the 2nd quarter valued at approximately $410,000. Finally, Prosperity Financial Group Inc. acquired a new position in iShares 3-7 Year Treasury Bond ETF in the 2nd quarter valued at $289,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of IEI stock opened at $120.20 on Friday. The company’s fifty day simple moving average is $119.64 and its 200-day simple moving average is $118.63. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $114.51 and a 52 week high of $120.42.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were paid a $0.3462 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 3.5%.

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).