PNC Financial Services Group Inc. Increases Stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

PNC Financial Services Group Inc. grew its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 2.5% during the 3rd quarter, HoldingsChannel reports. The firm owned 512,797 shares of the company’s stock after buying an additional 12,750 shares during the quarter. PNC Financial Services Group Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $61,333,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Bogart Wealth LLC raised its holdings in iShares 3-7 Year Treasury Bond ETF by 400.0% in the 3rd quarter. Bogart Wealth LLC now owns 225 shares of the company’s stock worth $27,000 after purchasing an additional 180 shares during the period. Coston McIsaac & Partners increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 113.0% in the third quarter. Coston McIsaac & Partners now owns 294 shares of the company’s stock valued at $35,000 after buying an additional 156 shares in the last quarter. Richardson Financial Services Inc. raised its stake in shares of 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 worth $36,000 after buying an additional 252 shares during the period. Abich Financial Wealth Management LLC grew its stake in iShares 3-7 Year Treasury Bond ETF by 2,264.3% in the 1st quarter. Abich Financial Wealth Management LLC now owns 331 shares of the company’s stock valued at $38,000 after acquiring an additional 317 shares during the period. Finally, Rothschild Investment LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the 2nd quarter worth $38,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ:IEI opened at $116.04 on Thursday. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $113.16 and a fifty-two week high of $120.33. The company has a fifty day moving average of $117.84 and a two-hundred day moving average of $117.00.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a dividend of $0.3203 per share. This represents a $3.84 annualized dividend and a dividend yield of 3.31%. The ex-dividend date was Friday, November 1st. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32.

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).