Citizens Financial Group Inc. RI Purchases New Stake in iShares 3-7 Year Treasury Bond ETF $IEI

Citizens Financial Group Inc. RI acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 148,794 shares of the company’s stock, valued at approximately $16,879,000.

Several other hedge funds have also added to or reduced their stakes in IEI. Bank of America Corp DE grew its stake in shares of iShares 3-7 Year Treasury Bond ETF by 39.7% in the first quarter. Bank of America Corp DE now owns 9,242,672 shares of the company’s stock worth $1,096,181,000 after acquiring an additional 2,627,948 shares during the last quarter. Greenleaf Trust purchased a new stake in iShares 3-7 Year Treasury Bond ETF during the 2nd quarter valued at about $52,932,000. Evergreen Capital Management LLC bought a new stake in iShares 3-7 Year Treasury Bond ETF during the 3rd quarter valued at about $104,931,000. New Harbor Financial Group LLC bought a new stake in iShares 3-7 Year Treasury Bond ETF during the 3rd quarter valued at about $35,072,000. Finally, Assetmark Inc. increased its stake in iShares 3-7 Year Treasury Bond ETF by 9.8% during the 1st quarter. Assetmark Inc. now owns 3,352,425 shares of the company’s stock valued at $397,598,000 after purchasing an additional 300,397 shares in the last quarter.

iShares 3-7 Year Treasury Bond ETF Stock Down 0.1%

Shares of iShares 3-7 Year Treasury Bond ETF stock opened at $114.67 on Friday. iShares 3-7 Year Treasury Bond ETF has a 52-week low of $112.88 and a 52-week high of $120.78. The company has a 50-day simple moving average of $114.73 and a two-hundred day simple moving average of $116.42.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a dividend of $0.3683 per share. This represents a $4.42 annualized dividend and a dividend yield of 3.9%. This is a decrease from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3713. The ex-dividend date of this dividend was Thursday, 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). 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.