Janney Montgomery Scott LLC Sells 41,130 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

Janney Montgomery Scott LLC cut its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 2.2% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,844,787 shares of the company’s stock after selling 41,130 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $218,792,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. HUB Investment Partners LLC increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 25.7% in the 2nd quarter. HUB Investment Partners LLC now owns 2,476 shares of the company’s stock valued at $295,000 after acquiring an additional 506 shares during the period. Darwin Wealth Management LLC bought a new stake in iShares 3-7 Year Treasury Bond ETF during the second quarter valued at about $5,313,000. Camarda Financial Advisors LLC grew its stake in iShares 3-7 Year Treasury Bond ETF by 15.4% in the second quarter. Camarda Financial Advisors LLC now owns 7,843 shares of the company’s stock valued at $934,000 after purchasing an additional 1,049 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in iShares 3-7 Year Treasury Bond ETF by 11.8% in the second quarter. Ameriprise Financial Inc. now owns 2,741,689 shares of the company’s stock worth $327,059,000 after purchasing an additional 290,112 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its holdings in iShares 3-7 Year Treasury Bond ETF by 1,793.7% in the second quarter. BNP Paribas Financial Markets now owns 95,405 shares of the company’s stock worth $11,362,000 after purchasing an additional 90,367 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

IEI stock opened at $117.81 on Friday. iShares 3-7 Year Treasury Bond ETF has a one year low of $116.51 and a one year high of $120.78. The firm has a 50-day simple moving average of $117.58 and a two-hundred day simple moving average of $118.64.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were given a dividend of $0.3694 per share. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.36. This represents a c) dividend on an annualized basis and a yield of 3.8%.

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.