Wrapmanager Inc. Has $8.07 Million Position in iShares 3-7 Year Treasury Bond ETF $IEI

Wrapmanager Inc. lowered its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 13.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 67,530 shares of the company’s stock after selling 10,875 shares during the period. iShares 3-7 Year Treasury Bond ETF comprises 2.5% of Wrapmanager Inc.’s holdings, making the stock its 12th largest position. Wrapmanager Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $8,071,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of IEI. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 2nd quarter valued at about $25,000. Delos Wealth Advisors LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 2nd quarter worth approximately $34,000. Sound Income Strategies LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF in the third quarter valued at $36,000. Hanson & Doremus Investment Management lifted its stake 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 valued at $44,000 after purchasing an additional 200 shares during the last quarter. Finally, Greykasell Wealth Strategies Inc. acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the third quarter valued at approximately $44,000.

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

IEI stock opened at $120.33 on Tuesday. The company has a fifty day moving average price of $119.43 and a two-hundred day moving average price of $119.54. iShares 3-7 Year Treasury Bond ETF has a one year low of $116.35 and a one year high of $120.43.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

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

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.