Studio Investment Management LLC Sells 9,635 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

Studio Investment Management LLC lowered its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 84.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,772 shares of the company’s stock after selling 9,635 shares during the quarter. Studio Investment Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $212,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IEI. JPMorgan Chase & Co. lifted its position in shares of iShares 3-7 Year Treasury Bond ETF by 37.7% during the third quarter. JPMorgan Chase & Co. now owns 16,513,521 shares of the company’s stock worth $1,973,531,000 after purchasing an additional 4,523,903 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in iShares 3-7 Year Treasury Bond ETF by 9.3% in the third quarter. Envestnet Asset Management Inc. now owns 3,676,586 shares of the company’s stock valued at $439,389,000 after acquiring an additional 311,613 shares during the last quarter. Captrust Financial Advisors grew its holdings in iShares 3-7 Year Treasury Bond ETF by 4.1% during the 2nd quarter. Captrust Financial Advisors now owns 3,650,688 shares of the company’s stock worth $434,760,000 after acquiring an additional 142,100 shares during the period. Assetmark Inc. raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 12.4% during the 3rd quarter. Assetmark Inc. now owns 2,862,009 shares of the company’s stock valued at $342,039,000 after acquiring an additional 315,648 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 11.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,741,689 shares of the company’s stock valued at $327,059,000 after purchasing an additional 290,112 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Performance

NASDAQ:IEI opened at $120.02 on Friday. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $116.10 and a 12-month high of $120.43. The stock’s fifty day simple moving average is $119.40 and its 200-day simple moving average is $119.52.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.367 per share. This represents a c) annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Monday, February 2nd.

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.