Pinnacle Financial Partners Inc Has $10.65 Million Stock Position in iShares 3-7 Year Treasury Bond ETF $IEI

Pinnacle Financial Partners Inc lowered its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 12.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 89,151 shares of the company’s stock after selling 13,081 shares during the period. Pinnacle Financial Partners Inc owned about 0.06% of iShares 3-7 Year Treasury Bond ETF worth $10,654,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Clarity Financial LLC increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 126.8% in the third quarter. Clarity Financial LLC now owns 1,316,381 shares of the company’s stock worth $157,321,000 after acquiring an additional 735,931 shares in the last quarter. Armstrong Advisory Group Inc. grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 141.4% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 942,234 shares of the company’s stock valued at $112,211,000 after purchasing an additional 551,950 shares during the period. Benjamin Edwards Inc. grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 399.4% in the 2nd quarter. Benjamin Edwards Inc. now owns 594,833 shares of the company’s stock valued at $70,839,000 after purchasing an additional 475,718 shares during the period. School Employees Retirement Board of Ohio bought a new stake in iShares 3-7 Year Treasury Bond ETF during the 2nd quarter worth approximately $50,074,000. Finally, Ameriprise Financial Inc. raised its holdings in iShares 3-7 Year Treasury Bond ETF by 11.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,741,689 shares of the company’s stock worth $327,059,000 after buying an additional 290,112 shares during the period.

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

Shares of IEI opened at $119.08 on Friday. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $115.18 and a twelve month high of $120.43. The firm’s 50 day moving average price is $119.56 and its two-hundred day moving average price is $119.32.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were given a $0.3711 dividend. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) annualized dividend and a yield of 3.7%. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.35.

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). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to three years and less than seven years. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.