iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) Shares Sold by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company lessened its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 46.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 17,600 shares of the company’s stock after selling 15,500 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $2,034,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in IEI. Fortitude Family Office LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF in the 4th quarter valued at $27,000. Smartleaf Asset Management LLC boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 72.4% during the 4th quarter. Smartleaf Asset Management LLC now owns 250 shares of the company’s stock valued at $29,000 after acquiring an additional 105 shares during the last quarter. PSI Advisors LLC boosted its position in shares of iShares 3-7 Year Treasury Bond ETF by 76.7% during the 4th quarter. PSI Advisors LLC now owns 334 shares of the company’s stock valued at $39,000 after acquiring an additional 145 shares during the last quarter. Nemes Rush Group LLC purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at about $43,000. Finally, WealthShield Partners LLC increased its position in iShares 3-7 Year Treasury Bond ETF by 33.7% during the fourth quarter. WealthShield Partners LLC now owns 397 shares of the company’s stock worth $46,000 after purchasing an additional 100 shares during the last quarter.

iShares 3-7 Year Treasury Bond ETF Trading Up 0.1 %

NASDAQ:IEI opened at $117.78 on Friday. The company’s 50-day moving average is $117.90 and its two-hundred day moving average is $116.72. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $113.85 and a 1-year high of $120.33.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, May 6th. Investors of record on Thursday, May 1st were issued a $0.335 dividend. This represents a $4.02 dividend on an annualized basis and a yield of 3.41%. The ex-dividend date was Thursday, May 1st.

iShares 3-7 Year Treasury Bond ETF 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).