Raymond James & Associates Decreases Stock Position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI)

Raymond James & Associates lessened its stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 1.7% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 1,233,872 shares of the company’s stock after selling 21,881 shares during the period. Raymond James & Associates owned approximately 1.08% of iShares 3-7 Year Treasury Bond ETF worth $142,895,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Nemes Rush Group LLC purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF during the third quarter valued at $25,000. Hexagon Capital Partners LLC boosted its position in iShares 3-7 Year Treasury Bond ETF by 895.5% during the fourth quarter. Hexagon Capital Partners LLC now owns 219 shares of the company’s stock valued at $26,000 after purchasing an additional 197 shares in the last quarter. Howe & Rusling Inc. bought a new stake in iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at about $30,000. Kozak & Associates Inc. bought a new stake in iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at about $31,000. Finally, Halpern Financial Inc. bought a new stake in iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at about $32,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

IEI stock traded down $0.29 during trading on Tuesday, reaching $113.50. 2,084,188 shares of the company traded hands, compared to its average volume of 1,865,547. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $111.45 and a 12 month high of $119.57. The business has a 50 day simple moving average of $114.93 and a 200 day simple moving average of $115.13.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were given a dividend of $0.3056 per share. This represents a $3.67 dividend on an annualized basis and a yield of 3.23%. The ex-dividend date of this dividend was Monday, April 1st.

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).