TFB Advisors LLC Reduces Stock Holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

TFB Advisors LLC cut its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 17.2% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 15,475 shares of the company’s stock after selling 3,210 shares during the quarter. TFB Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $1,851,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in IEI. Bogart Wealth LLC grew its position in shares of 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. Coston McIsaac & Partners lifted 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 purchasing an additional 156 shares in the last quarter. Richardson Financial Services Inc. boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 494.1% during the 3rd quarter. Richardson Financial Services Inc. now owns 303 shares of the company’s stock worth $36,000 after purchasing an additional 252 shares during the last quarter. Abich Financial Wealth Management LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 2,264.3% during the first quarter. Abich Financial Wealth Management LLC now owns 331 shares of the company’s stock worth $38,000 after buying an additional 317 shares in the last quarter. Finally, Rothschild Investment LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the second quarter valued at approximately $38,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of IEI opened at $116.39 on Friday. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $112.72 and a 1 year high of $120.33. The company’s 50 day simple moving average is $118.45 and its 200 day simple moving average is $116.84.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a $0.3203 dividend. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a $3.84 annualized dividend and a yield of 3.30%. The ex-dividend date of this dividend was Friday, November 1st.

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).