1,127,424 Shares in iShares 3-7 Year Treasury Bond ETF $IEI Bought by WestEnd Advisors LLC

WestEnd Advisors LLC purchased a new stake in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,127,424 shares of the company’s stock, valued at approximately $127,896,000. iShares 3-7 Year Treasury Bond ETF accounts for 2.8% of WestEnd Advisors LLC’s portfolio, making the stock its 10th largest position. WestEnd Advisors LLC owned 0.76% of iShares 3-7 Year Treasury Bond ETF as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Semitam Bonam LLC raised its position in shares of iShares 3-7 Year Treasury Bond ETF by 11.0% in the third quarter. Semitam Bonam LLC now owns 51,998 shares of the company’s stock valued at $5,899,000 after purchasing an additional 5,173 shares during the period. Ashton Thomas Securities LLC acquired a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 3rd quarter worth about $157,000. Oppenheimer & Co. Inc. bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 3rd quarter worth about $242,000. Higgins & Schmidt Wealth Strategies LLC bought a new stake in shares of iShares 3-7 Year Treasury Bond ETF during the 3rd quarter worth about $2,166,000. Finally, Verdence Capital Advisors LLC boosted its holdings in shares of iShares 3-7 Year Treasury Bond ETF by 5.5% during the 3rd quarter. Verdence Capital Advisors LLC now owns 17,412 shares of the company’s stock worth $1,975,000 after buying an additional 902 shares during the period.

iShares 3-7 Year Treasury Bond ETF Trading Down 0.0%

Shares of IEI opened at $114.61 on Wednesday. iShares 3-7 Year Treasury Bond ETF has a 52 week low of $112.88 and a 52 week high of $120.78. The firm’s 50-day simple moving average is $114.67 and its 200 day simple moving average is $117.22.

iShares 3-7 Year Treasury Bond ETF Cuts Dividend

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