iShares 3-7 Year Treasury Bond ETF $IEI is School Employees Retirement Board of Ohio’s 2nd Largest Position

School Employees Retirement Board of Ohio cut its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 50.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 210,715 shares of the company’s stock after selling 210,715 shares during the quarter. iShares 3-7 Year Treasury Bond ETF makes up approximately 12.3% of School Employees Retirement Board of Ohio’s portfolio, making the stock its 2nd biggest holding. School Employees Retirement Board of Ohio’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $25,149,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Asempa Wealth Advisors purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the 4th quarter worth approximately $926,000. TD Waterhouse Canada Inc. grew its stake in iShares 3-7 Year Treasury Bond ETF by 94.4% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 9,345 shares of the company’s stock worth $1,116,000 after acquiring an additional 4,537 shares during the period. Spartan Planning & Wealth Management grew its holdings in iShares 3-7 Year Treasury Bond ETF by 192.4% in the 4th quarter. Spartan Planning & Wealth Management now owns 136,057 shares of the company’s stock valued at $16,238,000 after buying an additional 89,526 shares during the period. Central Pacific Bank Trust Division purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at about $1,435,000. Finally, D.A. Davidson & CO. grew its holdings in iShares 3-7 Year Treasury Bond ETF by 85.4% in the 4th quarter. D.A. Davidson & CO. now owns 75,696 shares of the company’s stock valued at $9,034,000 after buying an additional 34,864 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI opened at $117.61 on Friday. The business has a 50-day moving average of $118.07 and a two-hundred day moving average of $119.02. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $116.51 and a 12 month high of $120.78.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were issued a dividend of $0.3597 per share. The ex-dividend date was Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

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). 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.