Northwestern Mutual Wealth Management Co. Cuts Stock Position in iShares 3-7 Year Treasury Bond ETF $IEI

Northwestern Mutual Wealth Management Co. lessened its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 4.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 708,226 shares of the company’s stock after selling 30,784 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $84,527,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the business. Country Trust Bank purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter worth about $25,000. Kingdom Financial Group LLC. purchased a new stake in iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth about $26,000. Asset Dedication LLC bought a new stake in iShares 3-7 Year Treasury Bond ETF in the third quarter worth about $28,000. Key Capital Management INC bought a new stake in iShares 3-7 Year Treasury Bond ETF in the fourth quarter worth about $28,000. Finally, Ancora Advisors LLC boosted its stake in iShares 3-7 Year Treasury Bond ETF by 48.6% in the third quarter. Ancora Advisors LLC now owns 260 shares of the company’s stock valued at $31,000 after acquiring an additional 85 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

iShares 3-7 Year Treasury Bond ETF stock opened at $117.74 on Friday. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $116.51 and a twelve month high of $120.78. The firm has a 50 day moving average price of $118.05 and a 200-day moving average price of $119.01.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were paid a $0.3597 dividend. The ex-dividend date was Friday, May 1st. This represents a c) annualized dividend and a yield of 3.7%.

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.