Riggs Asset Managment Co. Inc. Has $409,000 Position in iShares 3-7 Year Treasury Bond ETF $IEI

Riggs Asset Managment Co. Inc. cut its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 80.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,420 shares of the company’s stock after selling 13,743 shares during the period. Riggs Asset Managment Co. Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $409,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 2nd quarter valued at about $25,000. AlphaCore Capital LLC increased its holdings in iShares 3-7 Year Treasury Bond ETF by 1,195.2% in the third quarter. AlphaCore Capital LLC now owns 272 shares of the company’s stock worth $33,000 after purchasing an additional 251 shares in the last quarter. Delos Wealth Advisors LLC bought a new stake in iShares 3-7 Year Treasury Bond ETF in the second quarter worth approximately $34,000. Sound Income Strategies LLC acquired a new position in iShares 3-7 Year Treasury Bond ETF in the third quarter valued at approximately $36,000. Finally, Hanson & Doremus Investment Management lifted its stake in iShares 3-7 Year Treasury Bond ETF by 121.2% in the third quarter. Hanson & Doremus Investment Management now owns 365 shares of the company’s stock valued at $44,000 after buying an additional 200 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Performance

iShares 3-7 Year Treasury Bond ETF stock opened at $119.41 on Friday. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $116.62 and a 52-week high of $120.78. The stock’s 50 day moving average price is $119.52 and its two-hundred day moving average price is $119.61.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a dividend of $0.3312 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.3%.

iShares 3-7 Year Treasury Bond ETF Company 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.