Hilton Capital Management LLC Trims Stock Holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Hilton Capital Management LLC reduced its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 21.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 129,632 shares of the company’s stock after selling 35,993 shares during the period. iShares 3-7 Year Treasury Bond ETF makes up approximately 1.3% of Hilton Capital Management LLC’s portfolio, making the stock its 18th biggest position. Hilton Capital Management LLC owned about 0.10% of iShares 3-7 Year Treasury Bond ETF worth $14,979,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. King Wealth Management Group purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at about $235,000. Madison Investment Advisors LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at about $27,714,000. JPL Wealth Management LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at about $4,126,000. MGO Private Wealth LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at about $392,000. Finally, Stelac Advisory Services LLC increased its stake in iShares 3-7 Year Treasury Bond ETF by 16.9% during the fourth quarter. Stelac Advisory Services LLC now owns 3,906 shares of the company’s stock worth $451,000 after purchasing an additional 564 shares during the period.

iShares 3-7 Year Treasury Bond ETF Trading Up 0.2 %

Shares of NASDAQ:IEI opened at $117.54 on Friday. The firm’s 50-day moving average is $116.11 and its two-hundred day moving average is $117.00. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $113.16 and a 1 year high of $120.33.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.3038 per share. The ex-dividend date of this dividend was Monday, March 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).