iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Shares Sold by Mather Group LLC.

Mather Group LLC. lessened its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 37.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,943 shares of the company’s stock after selling 11,218 shares during the quarter. Mather Group LLC.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $2,194,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. Hexagon Capital Partners LLC raised its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 895.5% during the 4th quarter. Hexagon Capital Partners LLC now owns 219 shares of the company’s stock worth $26,000 after acquiring an additional 197 shares during the period. Howe & Rusling Inc. purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at approximately $30,000. Scarborough Advisors LLC purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at approximately $32,000. WealthShield Partners LLC raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 4,850.0% during the 4th quarter. WealthShield Partners LLC now owns 297 shares of the company’s stock valued at $35,000 after buying an additional 291 shares during the period. Finally, Salem Investment Counselors Inc. lifted its holdings in iShares 3-7 Year Treasury Bond ETF by 94.2% in the first quarter. Salem Investment Counselors Inc. now owns 303 shares of the company’s stock valued at $35,000 after acquiring an additional 147 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

IEI stock traded down $0.60 during midday trading on Tuesday, hitting $118.40. 4,509,548 shares of the company’s stock were exchanged, compared to its average volume of 1,597,229. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $111.45 and a 1-year high of $119.73. The business has a 50-day simple moving average of $116.00 and a two-hundred day simple moving average of $115.44.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, August 6th. Shareholders of record on Thursday, August 1st will be paid a dividend of $0.3154 per share. This represents a $3.79 annualized dividend and a yield of 3.20%. The ex-dividend date is Thursday, August 1st. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.30.

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).