iShares 3-7 Year Treasury Bond ETF $IEI Stock Acquired by Semitam Bonam LLC

Semitam Bonam LLC lifted its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 11.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 51,998 shares of the company’s stock after buying an additional 5,173 shares during the quarter. iShares 3-7 Year Treasury Bond ETF accounts for approximately 4.1% of Semitam Bonam LLC’s portfolio, making the stock its 8th biggest position. Semitam Bonam LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $5,899,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the company. Independence Financial Advisors LLC lifted its stake in iShares 3-7 Year Treasury Bond ETF by 5.2% during the third quarter. Independence Financial Advisors LLC now owns 184,973 shares of the company’s stock worth $20,983,000 after purchasing an additional 9,123 shares during the last quarter. Legacy Private Trust Co. acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 3rd quarter worth approximately $1,377,000. Evergreen Capital Management LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF during the third quarter worth about $104,931,000. Bank of America Corp DE increased its position in iShares 3-7 Year Treasury Bond ETF by 39.7% during the 1st quarter. Bank of America Corp DE now owns 9,242,672 shares of the company’s stock worth $1,096,181,000 after purchasing an additional 2,627,948 shares in the last quarter. Finally, Global Trust Asset Management LLC increased its position in iShares 3-7 Year Treasury Bond ETF by 12.6% during the 1st quarter. Global Trust Asset Management LLC now owns 96,832 shares of the company’s stock worth $11,484,000 after purchasing an additional 10,860 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

NASDAQ:IEI opened at $114.61 on Wednesday. The firm has a 50 day simple moving average of $114.67 and a 200-day simple moving average of $117.22. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $112.88 and a 1-year 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. Stockholders of record on Thursday, October 1st were paid a dividend of $0.3683 per share. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $4.42 dividend on an annualized basis and a dividend 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 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.