19,236 Shares in iShares 3-7 Year Treasury Bond ETF $IEI Bought by Conning Inc.

Conning Inc. purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 19,236 shares of the company’s stock, valued at approximately $2,182,000.

A number of other hedge funds also recently made changes to their positions in the stock. Independence Financial Advisors LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 5.2% during the 3rd 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 period. Evergreen Capital Management LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF during the 3rd quarter worth approximately $104,931,000. Legacy Private Trust Co. purchased a new position in iShares 3-7 Year Treasury Bond ETF in the third quarter valued at approximately $1,377,000. Bank of America Corp DE raised its holdings in iShares 3-7 Year Treasury Bond ETF by 39.7% in the first quarter. Bank of America Corp DE now owns 9,242,672 shares of the company’s stock valued at $1,096,181,000 after buying an additional 2,627,948 shares during the period. Finally, Waverly Advisors LLC raised its holdings in iShares 3-7 Year Treasury Bond ETF by 2.9% in the second quarter. Waverly Advisors LLC now owns 468,365 shares of the company’s stock valued at $55,009,000 after buying an additional 13,312 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Up 0.3%

Shares of IEI stock opened at $114.86 on Friday. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $112.88 and a fifty-two week high of $120.78. The firm’s 50 day moving average price is $114.59 and its two-hundred day moving average price is $117.17.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a $0.3683 dividend. The ex-dividend date of this dividend was Thursday, October 1st. This is a decrease from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3713. This represents a $4.42 annualized dividend and a dividend yield of 3.8%.

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.