iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC cut its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 2.2% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 1,929,728 shares of the company’s stock after selling 43,035 shares during the period. iShares 3-7 Year Treasury Bond ETF accounts for 0.6% of Janney Montgomery Scott LLC’s holdings, making the stock its 26th biggest holding. Janney Montgomery Scott LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $230,805,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Bogart Wealth LLC boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 400.0% during the third quarter. Bogart Wealth LLC now owns 225 shares of the company’s stock worth $27,000 after buying an additional 180 shares during the period. Coston McIsaac & Partners increased its position in iShares 3-7 Year Treasury Bond ETF by 113.0% in the 3rd quarter. Coston McIsaac & Partners now owns 294 shares of the company’s stock valued at $35,000 after acquiring an additional 156 shares during the period. Richardson Financial Services Inc. raised its stake in iShares 3-7 Year Treasury Bond ETF by 494.1% during the 3rd quarter. Richardson Financial Services Inc. now owns 303 shares of the company’s stock valued at $36,000 after acquiring an additional 252 shares in the last quarter. Abich Financial Wealth Management LLC boosted its position in iShares 3-7 Year Treasury Bond ETF by 2,264.3% during the 1st quarter. Abich Financial Wealth Management LLC now owns 331 shares of the company’s stock worth $38,000 after acquiring an additional 317 shares during the period. Finally, Rothschild Investment LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF during the 2nd quarter worth $38,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of IEI opened at $116.12 on Friday. iShares 3-7 Year Treasury Bond ETF has a one year low of $112.72 and a one year high of $120.33. The stock’s fifty day moving average is $118.66 and its 200-day moving average is $116.79.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, November 6th. Investors of record on Friday, November 1st will be given a $0.3203 dividend. This represents a $3.84 dividend on an annualized basis and a yield of 3.31%. The ex-dividend date of this dividend is Friday, November 1st. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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).