iShares 3-7 Year Treasury Bond ETF $IEI Shares Sold by Ridgepath Capital Management LLC

Ridgepath Capital Management LLC decreased its position in iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) by 90.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,133 shares of the company’s stock after selling 176,085 shares during the quarter. iShares 3-7 Year Treasury Bond ETF makes up 1.2% of Ridgepath Capital Management LLC’s investment portfolio, making the stock its 19th largest position. Ridgepath Capital Management LLC’s holdings in iShares 3-7 Year Treasury Bond ETF were worth $2,170,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Independence Financial Advisors LLC grew its position in shares of iShares 3-7 Year Treasury Bond ETF by 5.2% in the 3rd quarter. Independence Financial Advisors LLC now owns 184,973 shares of the company’s stock worth $20,983,000 after buying an additional 9,123 shares during the last quarter. Evergreen Capital Management LLC bought a new stake in iShares 3-7 Year Treasury Bond ETF in the third quarter valued at $104,931,000. Legacy Private Trust Co. bought a new stake in iShares 3-7 Year Treasury Bond ETF in the third quarter valued at $1,377,000. Bank of America Corp DE increased its position in iShares 3-7 Year Treasury Bond ETF by 39.7% during the 1st quarter. Bank of America Corp DE now owns 9,242,672 shares of the company’s stock valued at $1,096,181,000 after purchasing an additional 2,627,948 shares during the period. Finally, Waverly Advisors LLC increased its position in iShares 3-7 Year Treasury Bond ETF by 2.9% during the 2nd quarter. Waverly Advisors LLC now owns 468,365 shares of the company’s stock valued at $55,009,000 after purchasing an additional 13,312 shares during the period.

iShares 3-7 Year Treasury Bond ETF Stock Performance

Shares of NASDAQ IEI opened at $115.33 on Monday. The firm has a fifty day simple moving average of $114.57 and a two-hundred day simple moving average of $117.15. iShares 3-7 Year Treasury Bond ETF has a 12 month low of $112.88 and a 12 month high of $120.78.

iShares 3-7 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, November 5th. Investors of record on Monday, November 2nd will be given a dividend of $0.3809 per share. This is an increase from iShares 3-7 Year Treasury Bond ETF’s previous monthly dividend of $0.3683. This represents a $4.57 annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Monday, November 2nd.

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.