iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Shares Sold by WestEnd Advisors LLC

WestEnd Advisors LLC decreased its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 4.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 1,153,475 shares of the company’s stock after selling 52,461 shares during the period. iShares 3-7 Year Treasury Bond ETF comprises 3.4% of WestEnd Advisors LLC’s investment portfolio, making the stock its 9th biggest holding. WestEnd Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $133,284,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in IEI. CWM LLC raised its holdings in iShares 3-7 Year Treasury Bond ETF by 76.6% in the 3rd quarter. CWM LLC now owns 42,700 shares of the company’s stock worth $5,107,000 after purchasing an additional 18,527 shares during the period. Ritholtz Wealth Management raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 25.0% during the 3rd quarter. Ritholtz Wealth Management now owns 36,887 shares of the company’s stock worth $4,412,000 after buying an additional 7,389 shares during the period. Mechanics Bank Trust Department purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 3rd quarter valued at approximately $478,000. MorganRosel Wealth Management LLC grew its stake in iShares 3-7 Year Treasury Bond ETF by 2.5% in the 3rd quarter. MorganRosel Wealth Management LLC now owns 7,072 shares of the company’s stock valued at $846,000 after acquiring an additional 171 shares during the period. Finally, Concourse Financial Group Securities Inc. grew its stake in iShares 3-7 Year Treasury Bond ETF by 4.7% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 23,643 shares of the company’s stock valued at $2,828,000 after acquiring an additional 1,063 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ:IEI opened at $115.88 on Friday. 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 has a fifty day moving average of $115.78 and a two-hundred day moving average of $117.22.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued 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.

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).