Morton Brown Family Wealth LLC Reduces Stock Holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Morton Brown Family Wealth LLC reduced its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 39.4% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,827 shares of the company’s stock after selling 1,188 shares during the quarter. Morton Brown Family Wealth LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $213,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of IEI. International Assets Investment Management LLC acquired a new stake in iShares 3-7 Year Treasury Bond ETF during the 4th quarter valued at approximately $319,000. Silver Oak Securities Incorporated grew its stake in iShares 3-7 Year Treasury Bond ETF by 87.6% during the 4th quarter. Silver Oak Securities Incorporated now owns 2,412 shares of the company’s stock valued at $283,000 after purchasing an additional 1,126 shares in the last quarter. Choreo LLC grew its stake in iShares 3-7 Year Treasury Bond ETF by 2.8% during the 4th quarter. Choreo LLC now owns 7,489 shares of the company’s stock valued at $877,000 after purchasing an additional 204 shares in the last quarter. Kestra Private Wealth Services LLC grew its stake in iShares 3-7 Year Treasury Bond ETF by 51.7% during the 4th quarter. Kestra Private Wealth Services LLC now owns 39,037 shares of the company’s stock valued at $4,572,000 after purchasing an additional 13,297 shares in the last quarter. Finally, Penobscot Investment Management Company Inc. grew its stake in iShares 3-7 Year Treasury Bond ETF by 53.4% during the 4th quarter. Penobscot Investment Management Company Inc. now owns 15,010 shares of the company’s stock valued at $1,758,000 after purchasing an additional 5,225 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

NASDAQ IEI traded down $0.14 during mid-day trading on Friday, reaching $118.72. 1,144,348 shares of the company’s stock traded hands, compared to its average volume of 1,555,646. The company has a fifty day simple moving average of $117.24 and a 200-day simple moving average of $115.73. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $111.45 and a 1-year high of $119.73.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st were given a $0.3154 dividend. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.30. The ex-dividend date of this dividend was Thursday, August 1st. This represents a $3.79 annualized dividend and a dividend yield of 3.19%.

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).