iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Holdings Lowered by Pinnacle Wealth Management Advisory Group LLC

Pinnacle Wealth Management Advisory Group LLC lowered its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 10.8% during the fourth quarter, HoldingsChannel reports. The firm owned 29,264 shares of the company’s stock after selling 3,528 shares during the period. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $3,428,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of IEI. Nemes Rush Group LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF in the 3rd quarter worth approximately $25,000. Hexagon Capital Partners LLC grew its stake in 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 valued at $26,000 after acquiring an additional 197 shares in the last quarter. Howe & Rusling Inc. purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the fourth quarter worth approximately $30,000. Kozak & Associates Inc. acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter worth approximately $31,000. Finally, Halpern Financial Inc. purchased a new position in iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at approximately $32,000.

iShares 3-7 Year Treasury Bond ETF Stock Up 0.2 %

IEI stock traded up $0.20 during midday trading on Thursday, reaching $114.59. The company had a trading volume of 617,353 shares, compared to its average volume of 1,857,354. The company has a 50 day moving average of $114.80 and a two-hundred day moving average of $115.20. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $111.45 and a 1 year high of $119.19.

iShares 3-7 Year Treasury Bond ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd were issued a $0.2956 dividend. This represents a $3.55 dividend on an annualized basis and a yield of 3.10%. The ex-dividend date was Wednesday, May 1st.

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).