Bank of New York Mellon Corp Sells 10,083 Shares of iShares 3-7 Year Treasury Bond ETF $IEI

Bank of New York Mellon Corp decreased its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 3.2% in the second quarter, Holdings Channel.com reports. The firm owned 308,477 shares of the company’s stock after selling 10,083 shares during the period. Bank of New York Mellon Corp’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $36,737,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Beacon Capital Management LLC lifted its position in iShares 3-7 Year Treasury Bond ETF by 102.9% in the second quarter. Beacon Capital Management LLC now owns 211 shares of the company’s stock worth $25,000 after buying an additional 107 shares during the last quarter. Avion Wealth raised its stake in shares of iShares 3-7 Year Treasury Bond ETF by 111.8% in the second quarter. Avion Wealth now owns 216 shares of the company’s stock valued at $25,000 after acquiring an additional 114 shares during the period. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of iShares 3-7 Year Treasury Bond ETF in the second quarter valued at $25,000. LRI Investments LLC lifted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 231.1% in the 2nd quarter. LRI Investments LLC now owns 245 shares of the company’s stock worth $29,000 after acquiring an additional 171 shares during the last quarter. Finally, Oliver Lagore Vanvalin Investment Group purchased a new position in shares of iShares 3-7 Year Treasury Bond ETF during the 2nd quarter worth about $36,000.

iShares 3-7 Year Treasury Bond ETF Price Performance

iShares 3-7 Year Treasury Bond ETF stock opened at $119.70 on Thursday. iShares 3-7 Year Treasury Bond ETF has a 1-year low of $114.51 and a 1-year high of $120.42. The company’s 50-day moving average is $119.75 and its 200 day moving average is $118.79.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were issued a $0.3662 dividend. The ex-dividend date was Monday, November 3rd. This is a positive change from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.35. This represents a c) annualized dividend and a dividend yield of 3.7%.

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).