DAVENPORT & Co LLC Sells 7,166 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

DAVENPORT & Co LLC cut its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 11.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 55,876 shares of the company’s stock after selling 7,166 shares during the period. DAVENPORT & Co LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $6,654,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Compagnie Lombard Odier SCmA grew its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 1.2% in the first quarter. Compagnie Lombard Odier SCmA now owns 7,388 shares of the company’s stock worth $873,000 after purchasing an additional 85 shares during the last quarter. Beacon Capital Management LLC lifted its stake in iShares 3-7 Year Treasury Bond ETF by 102.9% in the second quarter. Beacon Capital Management LLC now owns 211 shares of the company’s stock worth $25,000 after acquiring an additional 107 shares during the period. Bensler LLC lifted its stake in iShares 3-7 Year Treasury Bond ETF by 6.7% in the first quarter. Bensler LLC now owns 1,874 shares of the company’s stock worth $221,000 after acquiring an additional 117 shares during the period. Iams Wealth Management LLC lifted its stake in iShares 3-7 Year Treasury Bond ETF by 2.4% in the second quarter. Iams Wealth Management LLC now owns 5,025 shares of the company’s stock worth $598,000 after acquiring an additional 117 shares during the period. Finally, Insigneo Advisory Services LLC lifted its stake in iShares 3-7 Year Treasury Bond ETF by 6.0% in the first quarter. Insigneo Advisory Services LLC now owns 2,093 shares of the company’s stock worth $247,000 after acquiring an additional 118 shares during the period.

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

NASDAQ:IEI opened at $119.38 on Wednesday. The company has a 50-day moving average of $119.33 and a 200 day moving average of $118.45. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $114.51 and a 1-year high of $120.29.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were issued a $0.3462 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 3.5%.

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).