Cornerstone Planning Group LLC Sells 309 Shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Cornerstone Planning Group LLC decreased its position in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 57.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 232 shares of the company’s stock after selling 309 shares during the period. Cornerstone Planning Group LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $27,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 4.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,828,308 shares of the company’s stock valued at $442,055,000 after purchasing an additional 157,810 shares in the last quarter. Creative Planning grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 0.7% during the second quarter. Creative Planning now owns 1,871,564 shares of the company’s stock valued at $216,110,000 after buying an additional 12,186 shares during the last quarter. Matson Money. Inc. grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 2.1% during the second quarter. Matson Money. Inc. now owns 1,483,152 shares of the company’s stock valued at $171,260,000 after buying an additional 30,157 shares during the last quarter. LPL Financial LLC increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 10.8% in the second quarter. LPL Financial LLC now owns 1,451,347 shares of the company’s stock worth $167,587,000 after buying an additional 141,266 shares during the period. Finally, Tanglewood Wealth Management Inc. lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 5.8% in the 2nd quarter. Tanglewood Wealth Management Inc. now owns 1,288,470 shares of the company’s stock valued at $148,780,000 after acquiring an additional 70,655 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of IEI stock opened at $116.07 on Wednesday. The business has a 50-day moving average of $118.28 and a 200 day moving average of $116.94. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $113.16 and a 1-year high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a dividend of $0.3203 per share. This represents a $3.84 dividend on an annualized basis and a dividend yield of 3.31%. The ex-dividend date was 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).