Davidson Trust Co. Has $284,000 Stock Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Davidson Trust Co. lowered its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 41.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,457 shares of the company’s stock after selling 1,715 shares during the period. Davidson Trust Co.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $284,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Bogart Wealth LLC raised its position in iShares 3-7 Year Treasury Bond ETF by 400.0% in the third quarter. Bogart Wealth LLC now owns 225 shares of the company’s stock valued at $27,000 after purchasing an additional 180 shares during the last quarter. Fortitude Family Office LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at approximately $27,000. Coston McIsaac & Partners raised its holdings in iShares 3-7 Year Treasury Bond ETF by 113.0% in the 3rd quarter. Coston McIsaac & Partners now owns 294 shares of the company’s stock valued at $35,000 after buying an additional 156 shares during the last quarter. Richardson Financial Services Inc. raised its holdings in iShares 3-7 Year Treasury Bond ETF by 494.1% in the 3rd quarter. Richardson Financial Services Inc. now owns 303 shares of the company’s stock valued at $36,000 after buying an additional 252 shares during the last quarter. Finally, PSI Advisors LLC boosted its position in iShares 3-7 Year Treasury Bond ETF by 76.7% during the 4th quarter. PSI Advisors LLC now owns 334 shares of the company’s stock worth $39,000 after buying an additional 145 shares during the period.

iShares 3-7 Year Treasury Bond ETF Price Performance

IEI opened at $116.04 on Tuesday. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $113.16 and a fifty-two week high of $120.33. The company’s 50 day moving average price is $115.65 and its two-hundred day moving average price is $117.18.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.3292 dividend. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous dividend of $0.31. The ex-dividend date was Monday, February 3rd.

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).