TIAA Trust National Association Buys 4,223 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

TIAA Trust National Association increased its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 12.1% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 39,106 shares of the company’s stock after purchasing an additional 4,223 shares during the period. TIAA Trust National Association’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $4,674,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in IEI. Meridian Wealth Management LLC lifted its position in iShares 3-7 Year Treasury Bond ETF by 0.6% during the second quarter. Meridian Wealth Management LLC now owns 14,748 shares of the company’s stock valued at $1,756,000 after buying an additional 90 shares during the period. Channel Wealth LLC boosted its position in iShares 3-7 Year Treasury Bond ETF by 2.4% in the third quarter. Channel Wealth LLC now owns 4,178 shares of the company’s stock worth $499,000 after purchasing an additional 96 shares during the last quarter. Bensler LLC increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 5.2% during the 2nd quarter. Bensler LLC now owns 1,971 shares of the company’s stock valued at $235,000 after purchasing an additional 97 shares during the last quarter. Wealthquest Corp increased its position in shares of iShares 3-7 Year Treasury Bond ETF by 5.0% during the 2nd quarter. Wealthquest Corp now owns 2,068 shares of the company’s stock valued at $246,000 after purchasing an additional 99 shares during the last quarter. Finally, King Wealth Management Group lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 5.0% in the 2nd quarter. King Wealth Management Group now owns 2,182 shares of the company’s stock worth $260,000 after purchasing an additional 103 shares during the period.

iShares 3-7 Year Treasury Bond ETF Price Performance

IEI opened at $120.72 on Friday. The company’s 50 day moving average is $119.49 and its 200 day moving average is $119.58. iShares 3-7 Year Treasury Bond ETF has a 12-month low of $116.62 and a 12-month high of $120.78.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.367 per share. This represents a c) annualized dividend and a dividend yield of 3.6%. 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.