Y.D. More Investments Ltd Lowers Stock Position in iShares 3-7 Year Treasury Bond ETF $IEI

Y.D. More Investments Ltd reduced its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 48.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,749 shares of the company’s stock after selling 18,674 shares during the quarter. Y.D. More Investments Ltd’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $2,360,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IEI. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 2nd quarter valued at about $25,000. Avion Wealth raised its position in iShares 3-7 Year Treasury Bond ETF by 111.8% during the second quarter. Avion Wealth now owns 216 shares of the company’s stock valued at $25,000 after acquiring an additional 114 shares in the last quarter. Delos Wealth Advisors LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF in the second quarter valued at approximately $34,000. Sound Income Strategies LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF in the third quarter valued at approximately $36,000. Finally, Hanson & Doremus Investment Management boosted its position in iShares 3-7 Year Treasury Bond ETF by 121.2% in the 3rd quarter. Hanson & Doremus Investment Management now owns 365 shares of the company’s stock worth $44,000 after purchasing an additional 200 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEI traded up $0.05 during midday trading on Friday, reaching $120.01. 51,405 shares of the stock were exchanged, compared to its average volume of 1,631,212. The firm has a 50-day simple moving average of $119.40 and a two-hundred day simple moving average of $119.52. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $116.10 and a twelve month high of $120.43.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.367 per share. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

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). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to three years and less than seven years. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.