iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Shares Sold by M&T Bank Corp

M&T Bank Corp cut its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 5.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 461,938 shares of the company’s stock after selling 25,663 shares during the period. M&T Bank Corp owned 0.41% of iShares 3-7 Year Treasury Bond ETF worth $54,107,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position in iShares 3-7 Year Treasury Bond ETF by 73.0% during the third quarter. JPMorgan Chase & Co. now owns 17,107,995 shares of the company’s stock valued at $1,935,941,000 after acquiring an additional 7,218,653 shares during the period. Cerity Partners LLC grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 75.6% during the 4th quarter. Cerity Partners LLC now owns 2,229,435 shares of the company’s stock worth $261,134,000 after purchasing an additional 960,139 shares during the period. Charles Schwab Investment Advisory Inc. increased its position in iShares 3-7 Year Treasury Bond ETF by 33.0% during the 3rd quarter. Charles Schwab Investment Advisory Inc. now owns 3,219,377 shares of the company’s stock worth $364,305,000 after purchasing an additional 799,429 shares in the last quarter. Morgan Stanley raised its holdings in iShares 3-7 Year Treasury Bond ETF by 21.2% in the third quarter. Morgan Stanley now owns 3,632,667 shares of the company’s stock valued at $411,073,000 after buying an additional 636,492 shares during the period. Finally, FMR LLC lifted its position in iShares 3-7 Year Treasury Bond ETF by 22.4% during the third quarter. FMR LLC now owns 2,736,542 shares of the company’s stock valued at $309,667,000 after buying an additional 501,238 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

IEI traded up $0.42 during trading on Friday, hitting $114.37. 1,867,345 shares of the company’s stock were exchanged, compared to its average volume of 1,875,755. The stock has a 50 day moving average price of $114.85 and a 200 day moving average price of $115.14. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $111.45 and a 1 year high of $119.57.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd will be issued a $0.2956 dividend. The ex-dividend date of this dividend is Wednesday, May 1st. This represents a $3.55 annualized dividend and a yield of 3.10%.

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).