D.A. Davidson & CO. Cuts Stock Holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

D.A. Davidson & CO. decreased its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 37.7% during the third quarter, according to its most recent filing with the SEC. The firm owned 34,554 shares of the company’s stock after selling 20,899 shares during the period. D.A. Davidson & CO.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $4,133,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in IEI. Patriot Investment Management Group Inc. grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 4.8% in the 3rd quarter. Patriot Investment Management Group Inc. now owns 1,869 shares of the company’s stock worth $224,000 after buying an additional 85 shares during the last quarter. Oppenheimer & Co. Inc. grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 0.7% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 13,078 shares of the company’s stock worth $1,564,000 after buying an additional 88 shares during the last quarter. TAP Consulting LLC grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 0.8% in the 3rd quarter. TAP Consulting LLC now owns 11,362 shares of the company’s stock worth $1,359,000 after buying an additional 91 shares during the last quarter. Bank Hapoalim BM grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 0.5% in the 2nd quarter. Bank Hapoalim BM now owns 20,015 shares of the company’s stock worth $2,311,000 after buying an additional 96 shares during the last quarter. Finally, Robinson Value Management Ltd. grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 0.5% in the 3rd quarter. Robinson Value Management Ltd. now owns 22,318 shares of the company’s stock worth $2,669,000 after buying an additional 100 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

NASDAQ:IEI opened at $116.86 on Friday. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $113.16 and a twelve month high of $120.33. The company’s 50 day moving average is $117.47 and its two-hundred day moving average is $117.07.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a dividend of $0.3203 per share. This represents a $3.84 annualized dividend and a yield of 3.29%. The ex-dividend date of this dividend was Friday, November 1st. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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).