iShares 3-7 Year Treasury Bond ETF $IEI Stock Position Decreased by School Employees Retirement Board of Ohio

School Employees Retirement Board of Ohio cut its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 34.7% in the 3rd quarter, Holdings Channel.com reports. The firm owned 246,924 shares of the company’s stock after selling 131,141 shares during the quarter. iShares 3-7 Year Treasury Bond ETF makes up about 8.3% of School Employees Retirement Board of Ohio’s holdings, making the stock its 3rd largest holding. School Employees Retirement Board of Ohio’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $28,011,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of IEI. Studio Investment Management LLC bought a new position in iShares 3-7 Year Treasury Bond ETF in the third quarter valued at approximately $748,000. Curry Webb Wealth Management LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the third quarter valued at approximately $165,000. Brookstone Capital Management acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the third quarter valued at approximately $3,596,000. NBT Bank N.A. acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the third quarter valued at approximately $380,000. Finally, Cadinha & Co. LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the third quarter valued at approximately $1,106,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of IEI stock opened at $114.79 on Friday. The firm has a fifty day moving average of $114.77 and a 200-day moving average of $116.43. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $112.88 and a 12-month high of $120.78.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a $0.3683 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $4.42 annualized dividend and a yield of 3.9%. This is a decrease from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3713.

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). 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.