Cornerstone Wealth Group LLC Has $746,000 Stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Cornerstone Wealth Group LLC lessened its holdings in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 25.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,237 shares of the company’s stock after selling 2,078 shares during the period. Cornerstone Wealth Group LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $746,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in IEI. Private Advisor Group LLC increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 123.0% in the first quarter. Private Advisor Group LLC now owns 72,649 shares of the company’s stock worth $8,414,000 after purchasing an additional 40,073 shares during the period. Diversify Advisory Services LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 1st quarter valued at approximately $5,090,000. Sequoia Financial Advisors LLC acquired a new position in shares of iShares 3-7 Year Treasury Bond ETF in the 1st quarter valued at approximately $253,000. Mission Wealth Management LP bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 1st quarter worth approximately $213,000. Finally, Centric Wealth Management bought a new position in iShares 3-7 Year Treasury Bond ETF in the first quarter valued at approximately $4,514,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of IEI opened at $116.76 on Thursday. The firm has a 50 day simple moving average of $118.80 and a two-hundred day simple moving average of $116.75. iShares 3-7 Year Treasury Bond ETF has a one year low of $112.11 and a one year high of $120.33.

iShares 3-7 Year Treasury Bond ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.3197 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

iShares 3-7 Year Treasury Bond ETF Company 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).