iShares 3-7 Year Treasury Bond ETF $IEI Position Cut by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. trimmed its stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 72.8% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 284,011 shares of the company’s stock after selling 759,915 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $33,897,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in IEI. Country Trust Bank bought a new stake in iShares 3-7 Year Treasury Bond ETF in the fourth quarter valued at $25,000. Kingdom Financial Group LLC. bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at about $26,000. Asset Dedication LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the third quarter valued at about $28,000. Key Capital Management INC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at about $28,000. Finally, Ankerstar Wealth LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the fourth quarter valued at about $30,000.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEI opened at $116.95 on Friday. iShares 3-7 Year Treasury Bond ETF has a fifty-two week low of $116.91 and a fifty-two week high of $120.78. The firm’s 50-day simple moving average is $118.43 and its 200 day simple moving average is $119.17.

iShares 3-7 Year Treasury Bond ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were paid a dividend of $0.3597 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Friday, May 1st.

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). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of greater than or equal to three years and less than seven years. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.