Traphagen Investment Advisors LLC Has $2.56 Million Holdings in iShares 3-7 Year Treasury Bond ETF $IEI

Traphagen Investment Advisors LLC cut its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 5.2% in the second quarter, Holdings Channel.com reports. The firm owned 21,479 shares of the company’s stock after selling 1,184 shares during the quarter. Traphagen Investment Advisors LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $2,558,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Beacon Capital Management LLC boosted its stake in iShares 3-7 Year Treasury Bond ETF by 102.9% in the 2nd quarter. Beacon Capital Management LLC now owns 211 shares of the company’s stock worth $25,000 after purchasing an additional 107 shares during the period. Smallwood Wealth Investment Management LLC bought a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 1st quarter worth approximately $36,000. Oliver Lagore Vanvalin Investment Group bought a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 2nd quarter worth approximately $36,000. Crews Bank & Trust grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 487.0% during the 1st quarter. Crews Bank & Trust now owns 317 shares of the company’s stock worth $37,000 after acquiring an additional 263 shares in the last quarter. Finally, NBC Securities Inc. bought a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 1st quarter worth approximately $38,000.

iShares 3-7 Year Treasury Bond ETF Stock Up 0.2%

Shares of IEI opened at $119.38 on Wednesday. iShares 3-7 Year Treasury Bond ETF has a twelve month low of $114.51 and a twelve month high of $120.29. The company has a 50 day moving average of $119.33 and a 200-day moving average of $118.45.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were paid a dividend of $0.3462 per share. This represents a c) annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend was Wednesday, October 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).