Pacific Financial Group Inc. Reduces Stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Pacific Financial Group Inc. lowered its holdings in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 9.1% during the third quarter, HoldingsChannel reports. The fund owned 7,625 shares of the company’s stock after selling 767 shares during the period. Pacific Financial Group Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $912,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Envestnet Asset Management Inc. increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 4.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,828,308 shares of the company’s stock valued at $442,055,000 after acquiring an additional 157,810 shares during the last quarter. Cerity Partners LLC increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 7.5% in the 3rd quarter. Cerity Partners LLC now owns 2,035,960 shares of the company’s stock valued at $243,511,000 after acquiring an additional 142,904 shares during the last quarter. Creative Planning increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 0.7% in the 2nd quarter. Creative Planning now owns 1,871,564 shares of the company’s stock valued at $216,110,000 after acquiring an additional 12,186 shares during the last quarter. LPL Financial LLC increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 23.0% in the 3rd quarter. LPL Financial LLC now owns 1,785,428 shares of the company’s stock valued at $213,546,000 after acquiring an additional 334,081 shares during the last quarter. Finally, Matson Money. Inc. increased its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 2.1% in the 2nd quarter. Matson Money. Inc. now owns 1,483,152 shares of the company’s stock valued at $171,260,000 after acquiring an additional 30,157 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Performance

IEI opened at $115.96 on Monday. iShares 3-7 Year Treasury Bond ETF has a one year low of $113.16 and a one year high of $120.33. The business’s 50-day simple moving average is $117.68 and its 200-day simple moving average is $117.04.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a $0.3203 dividend. The ex-dividend date of this dividend was Friday, November 1st. This is a boost from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.32. This represents a $3.84 dividend on an annualized basis and a dividend yield of 3.31%.

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).