iShares 3-7 Year Treasury Bond ETF $IEI Shares Newly Acquired by Canandaigua National Trust Co of Florida

Canandaigua National Trust Co of Florida acquired a new stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the third quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 5,227 shares of the company’s stock, valued at approximately $593,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JGP Wealth Management LLC boosted its position in iShares 3-7 Year Treasury Bond ETF by 2.3% during the second quarter. JGP Wealth Management LLC now owns 3,877 shares of the company’s stock worth $455,000 after purchasing an additional 89 shares during the period. Fairvoy Private Wealth LLC raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 1.9% in the first quarter. Fairvoy Private Wealth LLC now owns 5,736 shares of the company’s stock valued at $680,000 after purchasing an additional 108 shares during the period. SouthState Bank Corp raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 5.1% in the fourth quarter. SouthState Bank Corp now owns 2,286 shares of the company’s stock valued at $273,000 after purchasing an additional 111 shares during the period. Howe & Rusling Inc. lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 111.0% in the first quarter. Howe & Rusling Inc. now owns 211 shares of the company’s stock worth $25,000 after buying an additional 111 shares during the last quarter. Finally, Montecito Bank & Trust lifted its stake in shares of iShares 3-7 Year Treasury Bond ETF by 1.3% in the first quarter. Montecito Bank & Trust now owns 8,866 shares of the company’s stock worth $1,052,000 after buying an additional 113 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Price Performance

Shares of NASDAQ IEI traded up $0.05 during trading hours on Wednesday, hitting $113.38. 3,728,959 shares of the stock were exchanged, compared to its average volume of 1,855,775. iShares 3-7 Year Treasury Bond ETF has a one year low of $112.88 and a one year high of $120.78. The company’s 50 day moving average is $115.40 and its 200 day moving average is $116.80.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Thursday, October 1st were given a dividend of $0.3683 per share. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $4.42 dividend on an annualized basis and a yield of 3.9%. This is a negative change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3713.

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.