Victory Capital Management Inc. Sells 13,608 Shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Victory Capital Management Inc. lessened its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 2.8% during the 3rd quarter, Holdings Channel reports. The firm owned 465,638 shares of the company’s stock after selling 13,608 shares during the period. Victory Capital Management Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $55,693,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Sequoia Financial Advisors LLC boosted its stake in iShares 3-7 Year Treasury Bond ETF by 46.0% in the third quarter. Sequoia Financial Advisors LLC now owns 3,068 shares of the company’s stock valued at $367,000 after acquiring an additional 967 shares during the last quarter. Nisa Investment Advisors LLC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the second quarter worth $9,445,000. Crescent Grove Advisors LLC bought a new stake in iShares 3-7 Year Treasury Bond ETF in the second quarter valued at about $212,000. Raymond James Financial Services Advisors Inc. increased its holdings in iShares 3-7 Year Treasury Bond ETF by 3.0% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 189,793 shares of the company’s stock valued at $21,915,000 after purchasing an additional 5,536 shares during the last quarter. Finally, Private Advisor Group LLC lifted its stake in iShares 3-7 Year Treasury Bond ETF by 5.2% in the second quarter. Private Advisor Group LLC now owns 76,454 shares of the company’s stock valued at $8,828,000 after buying an additional 3,805 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of IEI opened at $115.72 on Friday. The stock’s 50-day moving average price is $118.22 and its two-hundred day moving average price is $116.93. iShares 3-7 Year Treasury Bond ETF has a 1 year low of $113.16 and a 1 year high of $120.33.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a dividend of $0.3203 per share. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.84 annualized dividend and a yield of 3.32%.

iShares 3-7 Year Treasury Bond ETF 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).